Bridge Loan
Glossary of Terms Related to Commercial Mortgages and Loans
A general term for a short-term loan intended to "bridge" the gap between acquisition or development of a property and a conventional long term take-out loan.
Bridge LoanGlossary of Terms Related to Commercial Mortgages and LoansA general term for a short-term loan intended to "bridge" the gap between acquisition or development of a property and a conventional long term take-out loan. Related entires:See Also: |