Bridge Mortgage Definition
Contents homeowners facedLoan definition. bridge loansDefinition. bridge loansShort-term loans offerReal estate transactionsSpecific activity. (nounA bridge loan is a short-term loan designed to provide financing during a transitionary period - as in moving from one house to another. homeowners faced with sudden transitions, such as having to.We can define cinema as both art and entertainment, but I add craftsmanship to the definition, a renowned Korean director.bridge loan definition. bridge loans, also commonly called "swing loans" or "gap financing," provide short-term financing to "bridge" the gap while an individual or a company secures more permanent financing. These short-term loans offer immediate cash flow for users who need to meet obligations while they set up their long-term.In real estate transactions, bridge loans are used to quickly close on a deal before a long-term…