What Is Bridge Loan

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Posted on October 28, 2018 at 20:03 PM



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Bridge loan - Wikipedia
A bridge loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing. It is usually called a bridging loan in the United Kingdom, also known as a "caveat loan," and also known in some applications as a swing loan.
Bridge Loans Ease The Transition Between Homes - At A Cost ...
Bridge loans can help borrowers move from one home to the next, but they can be dangerous. A bridge loan usually runs for six-month terms and is secured by the borrower's old home.
What Is a Bridge Loan & How Does It Work? - Credit Sesame
Bridge Loan Definition. Bridge loans, also commonly called “swing loans” or “gap financing,” provide short-term financing to “bridge” the gap while an individual or a company secures more permanent financing.

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