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06-26-2020, 04:03 PM #1
- Join Date
- Jun 2015
- Location
- San Diego, California
- Posts
- 40
Bridge Loans in California - What is a Bridge Loan?
North Coast Financial provides residential bridge loans in California for homeowners who wish to borrow against the equity in their current property in order to help purchase their new primary residence. This prevents the borrower from having to move twice when moving to a new primary residence. Bridge loans are short-term loans of less than 12 months. What is a bridge loan?.
Conventional lenders typically do not provide this type of bridge loan as it is short-term and often paid off within 3-4 months. Most hard money lenders aren't able to provide residential bridge loans as these are considered consumer purpose loans which many hard money lenders will not fund.
North Coast Financial, Inc.
2424 Vista Way #202
Oceanside, CA 92054
760-722-2991
jeff@northcoastfinancialinc.com
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