Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about bridge loan: 
How Can I Buy Before I Sell?
July 19, 1999, revised January 6, 2006 "I need to use the equity in my existing house to buy a new one, but it looks like I am going to have to close on my new house before I am able to close on my old one?How do I handle this?" I am assuming you have exhausted all ... more...

Market Niches Priced on Line
All UMLs fill out this form and display it on their web site. Comments by Mortgage Professor Loan Programs Priced On-Line by LENDER X     ... more...

bridge loan related definitions

Bridge Loan
Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more...

Interim Financing
Interim Financing A construction loan made during completion of a building or a project. A permanent loan usually replaces this loan after completion. Interim loans are used to bridge the gap between the construction loan and the permanent loan (hence bridge loans) ... more...

More about bridge loan

Get Free bridge loan Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Hurricane Katrina - What Went Wrong?
Hurricane Katrina is a terrible tragedy. Some will say the lack of action by the Federal, State and local governments is a bigger tragedy. The Mayor of New Orleans was on a Radio Show blasting the Federal and State bureaucracies.It appears now that the Federal troops are in place and the looting ... more...

Why Can't We All Just Get Along - Hurricane Katrina Food For Thought
Why do they need 3 Special Reports. It seems that the Department of Defense, the Congress, and the President are all going to do special reports on what went right and what went wrong with regards to the government response to the Hurricane Katrina Disaster Victims. Before this is over I ... more...

A Low Risk, Low Cost Businesses, Any Senior Can Start. Right Now
Many Seniors want or need to continue to work well into their retirement years. The ideal Job for a senior would be one that would meet their financial needs and still give them the Flexibility to take that Month long trip to Visit the Grandchild or Adjust your hours to help a spouse with a Dr ... more...

Can One Loan Be Best for Any Homeowner From 18-108?
How could one loan Satisfy the Needs of every homeowner? Yet Many people get a Home Loan for 30 years. Won't a persons needs change many times over the 30 year life of this loan? So the best loan for every homeowner would need to be flexible.When you buy your first home often your income will ... more...

Difference Between the Dealmakers or the Deal Kickers
There are two type of people found in the real estate deal-one is the deal maker and another one is the deal kicker. Deal maker is the one who knows how to negotiate the property deal. They have to win the deal of their choice at any cost without loosing any thing. They are always on the winning ... more...

Can The Home Loan That is Best For Your Bank Also Be Best Mortgage For You?
A Bank is a Business and they make their money on Markup just like any other business. In the Case of a Bank Loan the Markup is really the Spread (Difference) in the interest rate the bank pays and the interest rate the bank receives. So the loans with the biggest Spreads are best for your bank. ... more...

A White Separatist Hate Group Funnels Hurricane Katrina Funds
Missouri Attorney General Jay Nixon has shut down web sites set up by a White Separatist Hate Group which solicited funds for Hurricane Katrina Victims. Nixon claimed this group was funneling the funds to there own group. This is just one of Many Hurricane Katrina Scams on the InternetAccording ... more...

New Orleans Mayor C. Ray Nagin Be Very Careful What You Wish For?
Mayor C. Ray Nagin of New Orleans against the advice of Fema has started to repopulate the City of New Orleans. The recent reports of Hurricane Rita has put a stop to this Repopulation order but Mayor Nagin has vowed to repopulate the city as soon as the Rita Threat passes.The big question is ... more...

Bad Credit Home Loans or a Bad Credit Personal Loan
Bad Credit Home Loans are ideal for individuals who have had credit problems in the past, but that need a loan for a new home purchase, mortgage refinance, debt consolidation loan or a home equity loan. If you do not qualify for a bank loan or a subprime loan, you may still qualify for a private ... more...

The History of Business Loans
The first business loans possibly date back to ancient Greece. One of the most important services offered by Greek bankers was the lending of money to finance the carriage of freight by ships. They also lent money for mining, and construction of public buildings. Later, during the middle ages, the ... more...

Return to previous page   More articles on bridge loan
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009