contingency offer: Advantages & Disadvantages of Bridge Loans
- 12/06/20 10:36 AM
The Advantages of Bridge Financing: 1. It's a Faster Way to Get Financing The application, approval,verification, and funding process for a traditional loan can take a long time to complete. Meanwhile, bridge loans are usually funded much quicker than a conventional home loan or commercial loan. Bridge loans are offered for either commercial or residential real estate or even a business. Because of this more rapid process, your offer to buy a home looks far better than competing buyers who are offering five or ten percent down and have contingencies. Bridge financing is particularly important if you have to finish a project or are … (1 comments)
The Advantages of Bridge Financing:
;)
;)
;)
