Alaska Home Equity Loan

Mortgage Bridge Loans

By John Fuller Bridge mortgages, also called interim loans or a swing loan, are used if you’re selling one property and need the proceeds from that sale to finance the purchase of another property. You can use bridge loan financing for a home purchase, or you can take out commercial bridge loans for your small business. Mortgage bridge loans are available in two types. The first swing loan option uses your current property as collateral, ... Read more