Tag Archives: Bridge Loan

Hard Money Loan Lending

Posted on January 2, 2009 by Alissa Ben

Hard money lending is popular among the borrowers who generally want the short term loan to finance the project and to make the quick commercial acquiring. Hard money loan are mainly used for the commercial real estate accruing where the borrower need fast close on the property or recover the property form the foreclosure. This type of loan is also often used for securing long-term finance. Continue reading →

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Bridge Loan Fundamentals

Posted on December 30, 2008 by Alissa Ben

They are often collateralized by and for the amount of the equity which is required by the borrower to pay off the mortgages until the sale are made on the original property. This also reduces the amount of interest paid on the loan although it puts some of the borrowers after the acceptable income to the debt ratio and could also put the borrowers in the risky financial situations in order to meet the monthly mortgage advance. Continue reading →

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Home Bridge Loan

Posted on November 28, 2008 by Alissa Ben

You don’t require paying the interest until you sold your existing house. On the selling of home the principal amount and the accrued interest could be repaid by using the proceeds form the sale. It should be noted that the profit form the sale of the house is to be reduced in such an extent so that the fees paid to carry the home bridge loan and interest paid on the loan. Continue reading →

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