Definitions: B - Finance and insurance

bridge loan

Similar - construction loan.

A bridge loan is a type of short term loan used while permanent financing is being arranged. A construction loan is an example of a bridge loan and is used to finance the costs of construction, but must be repaid (refinanced) when construction is complete.

References - bridge loan

See the following for additional bridge loan information:

Service Professionals that can help with bridge loan issues

 


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