Archive for August, 2012

 

Who Uses Bridging Loans

August 24th, 2012Posted by conner

Bridging loan is a type of short-term loan used for various purposes, but the most common use for this type of loan is for real estate. The period for bridging loans ranges from two weeks to one year, and both individuals and businesses can use bridging loans. Normally, the interest rate for a bridging loan […]

The Costs That Come with Bridging Loans

August 3rd, 2012Posted by conner

With a bridging loan the customer pays the interest for the loan, which in turn works in excess of 1% or more depending on the scale of loan. Whenever you finish the loan, several firms lodge some sort of payment for the shutting down associated with the transaction. Prior to signing any paperwork, make sure […]