What is the Definition of Bridge Loan?

Bridge Loan


Definition: Short-term mortgage financing that is in place between the termination of one loan and the beginning of another loan. Also, a form of interim loan, generally made between a short term loan and a permanent (long term) loan, when the borrower needs to have more time before taking the long term financing.

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Commercial Bridge Loans - Interim Lending - Apartment Loans - Mini-Perm Mortgages

Providing Bridge loans nationwide for commercial real estate. Lowest rates

Bridge Loans

Bridge financing gives owners the flexibility they need to reposition and stabilize commercial real estate properties. It is important to note that Bridge loans usually call for a clear exit strategy upon the loan’s term completion.

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