Elektrooptik

Eintrag vom: 24.09.2013.

A bridge loan is a type of short-term financing that can help you buy a new home before selling your current home. Bridge loans are generally more expensive than first-lien mortgages and ...

 

Bridge financing helps to reconcile that short gap between the purchase of a new home and the sale of an old home.

 

Bridge financing also known as a bridge loan is a short-term loan that helps homeowners "bridge" the gap between the sale of their current home and the purchase of a new one.

 

Bridge loan is a short-term financing option used in real estate to bridge the gap between the purchase of a new property and the sale of an existing one.

 

Bridge loans can be used to make better offers on homes that can be hard to win in a competitive real estate market. Learn more here!

 

What Is Bridge Financing? Bridge financing is a short-term loan that helps homebuyers cover the financial gap between purchasing a new property and selling their existing one. It?s designed to provide temporary funds to cover a down payment or closing costs when your home sale and purchase dates don?t line up.

 

A ? bridge loan ? is essentially a short term loan taken out by a borrower against their current property to finance the purchase of a new property. Also known as a swing loan gap financing or interim financing a bridge loan is typically good for a six month period but can extend up to 12 months.

 

Secure your property transition with flexible bridge financing in Canada. Get fast approvals competitive rates and expert guidance. Call to explore solutions.