All About Bridge Loans

Bridge loans are a short term loans, which are often used to either turn a business around or secure a new property/opportunity. They are mostly secured by either commercial or residential real estate. Borrowers that are use to typical bank loans are often surprised by the terms and procedure that are required with bridge loans.

For example, most bridge loans max out a 60 – 65% loan to value. And if you have a special use property like a restaurant, you will most likely not

Read more ...