Bridge Loans
Bridge loans are short-term, interest-only loans that provide immediate capital for property acquisitions, renovations or construction. They allow you to act quickly on opportunities while arranging permanent financing.
- When to use: When purchasing or renovating a property before selling or refinancing; to cover the gap between construction and permanent financing
- Collateral & security: Secured against the target property or another property you own
- Terms & rates: 6–24 month terms with interest-only payments; higher rates than conventional loans
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