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Mortgage Professor about alternatives to bridge loans: | |||||||||||||||||||||||
Shopping For a Mortgage On-Line
September 19, 2005, Revised December 5, 2005, Revised January 12, 2005 This article is on the why, which, and how of shopping for a mortgage on-line: why seek a mortgage this way, which sites are the best, and how do you shop effectively? Why Shop For a ... more... Why Are "No-Cost" Mortgages Not? March 20, 2000 "I was told that a certain mortgage lender offering loans on the Internet provided grants to first-time home buyers. The grants cover all settlement costs. Is this for real?" No. I went to the web site you mentioned, and found a mortgage broker ... more... |
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alternatives to 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 alternatives to bridge loans What Is A FHA Loan? Bridge Loans: Everything You Wanted To Know Consolidation Loans for Homeowners: When Multiple Credits Become a Burden Debt Consolidation Loans How to Locate the Best Deal Loans Guide How To Bankrupt Your Student Loans Unsecured Loans Substituting Secured Loans Sell Old Home or Buy New Home First? Home Loans: To Substantiate Financial Possibilities On Your Land When Should You Consolidate Student Loans?
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