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Mortgage Professor about bridge loans: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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... |
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bridge loans related definitions |
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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... |
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More about bridge loans ADHD - Its a Wonderful Life What a Commercial Mortgage Broker Must Do at Closing Save Thousands on Your Home by Utilizing California Refinance Everything You Need to Know About a Negative Amortization Mortgage Sell Old Home or Buy New Home First? Home Improvement Loans in UK Manufacturing Home of Your Choice Mortgage Terms Explained How to Sell Your Home Without a Real Estate Agent Bad Credit Loans and Lender Questions & Answers Bridging the Gap through Bridging Loans
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