Sentences with phrase «as a bridge loan»

The transitional loans — also known as bridge loans — have traditionally been kept on balance sheet.

If that's not an option, home equity loans and lines of credit can be used in the same way as a bridge loan and will likely have lower interest rates.

Borrowers whose qualifications are lacking — or who are purchasing properties that need renovation — should consider alternative options, such as a bridge loan or a hard money loan.

These tend to be investments made into commercial properties and are on a lower - priority list because you are providing capital as a bridge loan for other sponsors.

Banks and credits unions are coming in with the same proceeds and term as a bridge loan, only packaging it as a short - term recourse loan.

These are often known as bridge loans or gap loans.

If that's not an option, home equity loans and lines of credit can be used in the same way as a bridge loan and will likely have lower interest rates.

A commercial or residential property hard money loan is also known as a bridge loan in commercial investing — it bridges you from a temporary situation to a more permanent situation.

North Coast Financial provide Oakland bridge loans and have over three decades of experience as bridge loan lenders.

North Coast Financial provides Oxnard bridge loans and has decades of experience as a bridge loan lender.

Part of it was used as a bridge loan, while the building was being built, because the moneys from the capital campaign takes years to come in.

I first used this loan as a bridge loan, then I paid it almost off (not quite zero to keep the loan open).

It is believed that FHA will allow borrowers the benefit of using the $ 8,000 tax credit up front as a bridge loan, with borrowers simply paying it back to FHA when the tax credit is officially received in their tax refunds.

That means using private money or hard money as a bridge loan, getting the property to perform, in terms of lowering expenses (separating the heat), or increasing rents, getting rid of dead beat tenants, fixing up the apartments, or all of the above, and then refinance into a conventional loan later out of the hard - money or private money loan.

A commercial or residential property hard money loan is also known as a bridge loan in commercial investing — it bridges you from a temporary...

North Coast Financial offers various types of Beaumont hard money loans such as bridge loans, distressed property loans, cash out refinance loans, purchase loans, rehab loans / fix and flip loans, estate loans, investment property loans, rental property loans, reverse mortgage refinance loans, hard money loans for primary residences and other hard money loans in Beaumont secured by real property.

A swing loan, also known as a bridge loan, is a short - term, temporary solution that secures funds for a down payment on a new home using the equity in your current home, prior to its sale.

However, some experts feel buyers should hold on to their equity loans so that they can use it as a bridge loan to cover the costs of down payment until you sell your old home.