Are the morgage comapanys still doing bridge loans?
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Mortgage companies will do bridge loans if that is what is needed to get your business. You will have to supply them with all of the paperwork that they require and the interest rate on the bridge loan may be a bit higher than a traditional loan, but the nature of the bridge is that you want to get out of one property(i.e.selling it) while not losing a piece of property that you have your eye on. Watch the terms of the deal, but yes you can get it. Almost every large financial institution has some form of bridge financing.
Are the morgage comapanys still doing bridge loans?Yes!
Are the morgage comapanys still doing bridge loans?Hi,
Yes, they do. Checkout http://mortgage.creditmortgagepro.com for some useful info on bridge loans. Good luck!
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