What is a bridge loan?
A bridge loan is a short-term loan that can be used for up to one year. Because of their short nature, bridge loans typically have higher interest rates. A buyer may use a bridge loan to purchase another home before they are able to sell their current home. Qualified buyers can also get a bridge loan to pay for a home at an auction. After the auction, they can apply for a mortgage loan to pay off the bridge loan and pay for the home over time.
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1455 W 16th Street, Yuma Arizona.
Call: 928-726-7325
Email: [email protected]
Office hours:
Monday to Thursday 8:30-5:30
Friday 8:30-5:00
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Contact Us
1455 W 16th Street, Yuma Arizona
Call: 928-726-7325
Email: [email protected]
Office hours:
Monday to Thursday 8:30-5:30
Friday 8:30-5:00
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