Bridge loans are absolutely still being offered, however it's in the commercial/hard money market predominately. They are typically used for investors who don't want to miss out of a good deal, so they get a bridge loan while working on long term financing, however, if your property is listed for sale, then it's unlikely any lender who offers these types of loans would lend you money.. and if they did, it would be very expensive.. that being said, if you wish to inquire, the best source is Scotmanguide.com There you can search for lenders nationwide.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
Bridge loans are hard to find these days. Which state are you in?
Bridge loans are absolutely still being offered, however it's in the commercial/hard money market predominately. They are typically used for investors who don't want to miss out of a good deal, so they get a bridge loan while working on long term financing, however, if your property is listed for sale, then it's unlikely any lender who offers these types of loans would lend you money.. and if they did, it would be very expensive.. that being said, if you wish to inquire, the best source is Scotmanguide.com There you can search for lenders nationwide.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
Ask our community a question.