Bridge Loans

Bridge Loans

Short-term (usually one to three months) loan advanced to cover the period between the termination of one loan and the start of another. It is arranged generally to complete a purchase (such as a new house) before the borrower receives payment from a sale (of the old house), or before a long-term loan is made available upon fulfillment of its requirements (such as commissioning of a facility or a plant). Also called bridge finance, bridging loan, or gap financing.

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Agent NMLS #220
Company NMLS #22

 

Equal Housing Lender

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PrivateInvestor.com
7512 Dr. Phillips Blvd
Suite 50-166
Orlando, FL 32819

Number:
(407) 352-4292

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