HomeLife Mortgage Blog

Finance Investment Property Fast & Easy with Bridge Loans

Written by Darrin Seppinni | Jul 22, 2024 6:30:30 PM

Quickly Capitalize on Real Estate Investment Opportunities

 

What is a Bridge Loan?

  • A short-term financing solution used in the real estate industry to bridge a gap between the purchase of a new property and the sale of an existing one
  • Typically a temporary loan, designed to provide funds for a specific purpose, such as buying a new home before the old one sells, paying off debt, or getting the cash-out to complete home improvements needed to enhance the value of the property before selling it

 

 

More Content For You:

What is a self-employed bank statement loan?

Why Bank Statement Loans for Buying a Home are on the Rise

How to qualify for a No-doc Rental Property Loan

Questions?

Click the live chat window on our site or call (888) 677-2526.  Our team is ready to assist you!

About HomeLife Mortgage

For more than 25 years, HomeLife Mortgage has built a strong reputation in California and Florida as a leading mortgage broker, servicing the needs of borrowers who have been unable to obtain conventional financing.  HomeLife Mortgage is at the forefront of non-bank lending offering the next generation of mortgages including Jumbo Loans, Real Estate Investor Loans, and Bank Statement Loans.

 
View full post