payday loan, home equity loan, mortgage loan, car loan, personal loan, student loan, home loan, Syndicated loan, Stafford loan, Refund Anticipation Loan, Loan sale, Loan guarantee, Federal Perkins Loan, auto loan, online loan, immediate loan, instant loans are available with lowest interest rate, immediate online sanction, No requirement of any guarantee or security,  select your nearest bank and branch only at http://www.geteloansonline.com
Home           Secured loans            Unsecured loans           Mortgage loans          Student loans           Debt           links
Blanket loan     Bridge loan     Hard money loan     Federal Perkins Loans      Stafford Loans      Payday loans       Syndicated loans      Refund anticipation loans       Title loans       Loan guarantee       Loan shark
Home Secured loans Unsecured loans Blanket loan Bridge loan Hard money loan Federal Perkins Loans Stafford Loans Payday loans Syndicated loans Refund anticipation loans Title loans Loan guarantee Loan shark Mortgage loans Student loans Debt links	Custom Search Custom Search

Bridge loans

   A bridge loan (usually bridging loan in the United Kingdom, and also known in some applications as a swing loan) is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing.

• A bridge loan is often obtained by developers to carry a project while permit approval is sought. Because there is no guarantee the project will happen, the loan might be at a high interest rate and from a specialized lending source that will accept the risk. Once the project is fully entitled, it becomes eligible for loans from more conventional sources that are at lower-interest, for a longer term, and in a greater amount. A construction loan would then be obtained to take out the bridge loan and fund completion of the project.

• A consumer is purchasing a new residence and plans to make a down payment with the proceeds from the sale of a currently owned home. The currently owned home will not close until after the close of the new residence. A bridge loan allows the buyer to take equity out of the current home and use it as down payment on the new residence, with the expectation that the current home will close within a short time frame and the bridge loan will be repaid.

• A bridging loan can be used by a business to ensure continued smooth operation during a time when for example one senior partner wishes to leave whilst another wishes to continue the business. The bridging loan could be made based on the value of the company premises allowing funds to be raised via other sources for example a management buy in.

• A property may be offered at a discount if the purchaser can complete quickly with the discount off setting the costs of the short term bridging loan used to complete. In auction property purchases where the purchaser has only 14-28 days to complete long term lending such as a buy to let mortgage may not be viable in that time frame where as a bridging loan would be.

LP1, LP2, LP3, LP4, LP5, LP6, LP7, LP8, LP9, LP10, links

ALL RIGHTS RESERVED BY http://www.geteloansonline.com