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Bridge Loan or Bridging Finance Bridge Loan or Bridging Finance

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An interim loan is made to finance a buyers new residence if the buyer is unable to sell his/her current residence but needs money to close the transaction.

 


Article is in the following categories:
KB » Index of Financial Terms

KB » Mortgages


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Bridge Loan or Bridging Finance Article Information

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Created:
Sunday, 06 March 2011
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Last Modified:
Sunday, 06 March 2011
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