Sentences with phrase «temporary financing»

Their purpose is to offer temporary financing to these applicants until they can qualify for conforming «A» financing.

We also provide temporary financing including rehab, fix and flip, bridge, wholesale, and construction.

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.

Our Bridge Financing Program is a smart, temporary financing solution to bridge the purchase of the second property.

The term «federally related mortgage loan» is broadly defined to encompass virtually any purchase money or refinance loan, with the exception of temporary financing, that is «secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from one to four families...» 12 U.S.C. 2602 (1).

Sam, your HELOC is best used as temporary financing.

Given that short - term loans are designed to be temporary financing solutions, they tend to have some of the highest APRs among lending products.

The employees turned to the court after they were able to secure about $ 280,000 from EZTD investors, as temporary financing, in order to keep WGM operational while the court decides how to proceed with the matter.

The mortgages are used as collateral for the temporary financing.

These are not operating expenses; these are temporary financing and equity - building expenses.

Generally, a single payment loan is used for short term, temporary financing and is repaid with interest in one lump sum at the end of the term.