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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 Secured Homeowner Loans to Reiterate that a Home Provides More than a Roof Over Your Head Secured Loans - UK Overview Personal Loans for Bad Credit: Straightening Deformed Credit Personal Loans For Homeowners One Of The Numerous Rewards For Being A Homeowner Home Loans: To Substantiate Financial Possibilities On Your Land Student Loans: When Your Educational Dreams Can't Compete With The Cost Commercial Loans Cost Effective Way of Funding Business Needs Unsecured Personal Loans - When You Are Your Guarantor and not Your Home Education Loans Can Augment The Boundaries Of What You Can Achieve Home Loans Discovering Capital in Your Home
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