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

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

    For example, a bridge loan mortgage might involve cashing out equity from your current home and putting that toward a down payment on a new property — or, simply taking out a bigger mortgage for ...

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

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

    Lastly, hard money lenders require a down payment, often one that’s a higher percentage than a traditional mortgage — think 20 percent at minimum, or 30 percent or more. A conforming ...

  4. How to save for a home down payment when rates are falling - AOL

    www.aol.com/finance/save-home-down-payment-rates...

    You’ll need to meet the program’s qualifications, and you must typically finance the home with a 30-year, fixed-rate mortgage to receive down payment assistance.

  5. Down payment assistance: How it works and how to get it - AOL

    www.aol.com/finance/mortgage-down-payment...

    Types of down payment assistance loans and programs Grants. A homebuyer grant is a type of down payment assistance that provides a one-time cash sum, often in the form of a no-interest second ...

  6. What Is a Bridge Loan? Here’s What Homebuyers Should Know - AOL

    www.aol.com/finance/bridge-loan-homebuyers-know...

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  7. Bridge loan - Wikipedia

    en.wikipedia.org/wiki/Bridge_loan

    A construction loan would then be obtained to take out the bridge loan and fund the completion of the project. [7] A consumer is purchasing a new residence and plans to make a down payment with the proceeds from the sale of a currently owned home. The currently owned home will not close until after the close of the new residence.

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