Their purpose is to offer temporary financing to these applicants until they can qualify for conforming «A» financing. (mortgage-x.com)
We also provide temporary financing including rehab, fix and flip, bridge, wholesale, and construction. (northwestreia.com)
Proceeds will help refinance the $ 49 billion of loans from 20 lenders that the company took out in December as temporary financing for the acquisition. (fortune.com)