Close Deals Lightning Fast with Bridge Loan Lenders
How Bridge Loan Lenders Operate
Bridge loan lenders provide temporary financing by evaluating the value of the property being purchased and the borrower's ability to repay the loan. These loans are typically interest-only, with repayment expected once the borrower secures permanent financing or sells the property. The interest rates for bridge loans are generally higher than traditional loans, reflecting the increased risk and short-term nature of the financing1.