Category: Mortgage loan

Home / Mortgage loan
What are the benefits and drawbacks of a bridge loan?
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What are the benefits and drawbacks of a bridge loan?

Have you considered selling your home to purchase a new one but lack the necessary funds? You’ll need a bridging loan to support you for the duration of the exercise. Consider the scenario in which you sell your home for a price that is insufficient to cover the cost of your new home. In this...