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Need a Bridge Loan?

Hi Everyone, One of my real estate agent contacts just closed a personal loan with this company because they needed to pay for some advertising to promote a new listing she received, however, she is waiting for commission checks. Money has been tight for her, but she is getting into the swing of things for the summer and has some buyers and listings. Anyway, she forwaded me info on this company that allowed her to borrower $10,000. Check it out! It's way better than a payday loan if you get short on cash for marketing or if a client is short to close on a transaction too (she has been encountering that scenario too) or whatever else. ad3

Posted by Chadd Ciccarelli on 05/22/2008 02:26 PM

Comments (2)

money, bridge loan, quick cash, unsecured loan, short to close, payday loan, down payment, draw, escrow check

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2 Comments on Need a Bridge Loan?

That is a great resource. I will check it out. So it was pretty legit? Can you disclose the terms of the loan?

John Thomas - Certified Mortgage Planner

05/22/2008 07:06 PM

by John Thomas (Primary Residential Mortgage Inc.)

It is legit. I'm not sure the rate, but they are high. It can be as high as 96% but they don't have prepays and have low payments. So it's somethiing you only want to keep short term.

05/22/2008 09:01 PM

by Chadd Ciccarelli (Zillow.com)

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