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Mortgage Professor about when to use a bridge loan: 
Buy First or Sell First?
October 6, 2003, Revised May 4, 2005 ?I currently own a home which I would like to sell, and then buy another. What is the best sequence of steps in this process?? The situation you want to avoid is giving up your existing home before you can move into the new one. ... more...

How to Shop For a Mortgage
September 24, 2003, Revised November 12, 2004 Shopping for a mortgage effectively isn?t easy. Reforms proposed by HUD, which were pending at the time this article was first drafted, and which promised to make the process much easier, were never enacted.   ... more...

when to use a bridge loan related definitions

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

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...

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Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

9 Unique & Imaginative Ways Anyone Can Help Hurricane Katrina Disaster Victims - It's Not Just Money
Hurricane Katrina is the largest Natural Disaster to hit the United States in over 100 years. Their are many ways you can help the victims of Hurricane Katrina. You need to dig down deep and give all you can then dig deeper and give a little more. There are more ways to help then just money. ... more...

Reverend Jesse Jackson Wouldn't Dare Use The Hurricane Katrina Disaster To Play The Race Card?
In the Early days of the Hurricane Katrina Disaster the People in New Orleans were referred to as Refugees. As the days progressed The Hurricane Katrina Disaster victims have become known as Evacuees. According to the Associated Press The Reverend Jesse Jackson has been quoted as saying"It is ... more...

Bridging the Gap through Bridging Loans
You were on your regular walk with your wife, and you passed by this house. Then the idea struck - you want this home. A chat with the property dealer and the price was fixed. But there was a problem - a major problem to be exact.The house has to be purchased at the earliest. Or else it will be ... more...

Common Sources of Financing for Small Business
The choice of financing is an important determinant of whether a product reaches the market, or whether an existing business can survive. The choice of financing is an important part of being an entrepreneur and business owner, and the ability to raise cash when you have no or limited history takes ... more...

A Simple Strategy to Send Your Child Away to College and Earn Money At the Same Time
Here is a simple strategy you can use to kill 2 Birds with one stone. Send your child to college and Invest in College town real estate to help pay off the Student Loans.College Housing can often be expensive, Living in a dorm is not the most favorable living conditions for Most College students ... more...

Choosing the Right House Plan
Everybody would like to live in a mansion or a sprawling ranch but there are many factors to consider when choosing a house plan. There are also a few pitfalls that can be avoided by doing your homework and making the right choices.Before you commit to buying a stock or custom house plan, you ... more...

What You Need To Know Before You Sell Your Boat
As the owner/operator of a full service boat detailing-yacht maintenance business I can't help but chuckle sometimes at seeing the extremes that otherwise bright, intelligent, successful, people will go to in a misguided attempt to save a few dollars.One of the biggest mistakes that we see is that ... more...

An Open Letter To Donald Fehr About Steroid Abuse In Baseball
Dear Mr. Donald Fehr,While I do agree with you that congress should not impose steroid testing and penalties on major league baseball, I do believe that baseball has a responsibility to the fans to police itself. The very integrity of the American past time is at stake.Donald if it is true that ... more...

Uses for Secured Loans
There are so many reasons why you might want to use a secured loan. Secured loans are loans from lending institutions that use some of your assets or equity as collateral. That means that you can offer the bank your house or your car or your stock certificates in exchange for money. Obviously, the ... more...

7 Different Ways Anyone Can Become a Real Estate Investor
Being a real estate investor is not really that hard, Sometimes you do not need any money down. Other times you do not need any of your own money down. Below are 7 Methods to buy property and earn money.1 - Buy and FlipThis is a Method where you buy Real Estate at below Market Price and sell ... more...

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