Sentences with phrase «way as a bridge loan»

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.

Not exact matches

Officials in Governor Andrew Cuomo's administration have portrayed the loan as a creative way to partially finance the $ 4 billion bridge project, one of the nation's largest public works projects.

It is often advantageous to obtain a bridge loan and permanent financing from the same source, as you might be able to fashion a better deal this way.

In the real estate market, a bridge loan is a way of «bridging the gap» of time between selling one's current home and purchasing a new property, and serves as an ideal temporary solution.

Credit cards and loans can be a great way to bridge the gaps in your budget as long as you know you can pay them back.

When federal and state financial aid options have been exhausted and they're often exhausted before you can cover all of your bases, you should consider private loans as a way to bridge the gap.

Also known as interim financing, gap financing, or short - term financing, a bridge loan can be used in many ways: to provide immediate cash for quick closings; to make an advantageous purchase; or to help a borrower avoid a default or foreclosure.

At Glassridge, the way we specifically define a Residential Bridge Loan is as follows: