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  2. Bridge loans: What are they and how do they work? - AOL

    www.aol.com/finance/bridge-loans-161837154.html

    Financing requirements: The lender might only extend a bridge loan if you agree to use the same lender for your new home mortgage. Higher rates: Bridge loans usually have higher interest rates and ...

  3. Hard money lending: Guide to hard money loans and lenders - AOL

    www.aol.com/finance/hard-money-lending-guide...

    Hard money loans, also called bridge loans, are short-term loans commonly used by investors, such as house flippers or developers who renovate properties to sell. They might also be a solution if ...

  4. Bridge loan - Wikipedia

    en.wikipedia.org/wiki/Bridge_loan

    A bridge loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing. [1] [2] It is usually called a bridging loan in the United Kingdom, [3] also known as a "caveat loan," and also known in some applications as a swing loan.

  5. Homebridge Financial Services - Wikipedia

    en.wikipedia.org/wiki/HomeBridge_Financial_Services

    In 2014 Homebridge funded $6.36 billion in home mortgage loans, [7] and nearly $12 billion in its servicing portfolio. [8] The company increased its funded home loans 36% in 2015 to $8.7 billion. [9] Also in 2014, the company was ranked number ten on Mortgage Executive magazine's list of the "Top 100 Mortgage Companies in America". [10]

  6. Hard money loan - Wikipedia

    en.wikipedia.org/wiki/Hard_money_loan

    A hard money loan is a specific type of asset-based loan: a financing instrument through which a borrower receives funds secured by real property. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk and shorter duration of the loan.

  7. Mortgage bankers: Who they are and what they do in home ... - AOL

    www.aol.com/finance/mortgage-bankers-home...

    Selling loans: Mortgage bankers can also sell your mortgage or the rights to service your mortgage on the secondary market. Mortgage bankers do this to free up more capital to make more loans to ...

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