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Blog tagged as Short-term Financing

Private Mortgages Explained

Private Mortgages Explained

By Mortgages Foundations

Today, I am going to discuss private mortgages, the difference between the types of private mortgage lenders, as well as explain some common uses and risks of a private mortgage.

First, it is important to note that a private mortgage is not for everyone, and your Mortgage Broker should exhaust all o...

03.10.24 06:27 PM - Comment(s)
What is a Bridge Loan

What is a Bridge Loan

By Mortgages Foundations

A bridge loan is a short-term financing option designed to provide funding to 'bridge the gap' between the purchase of a new property and the sale of your existing one.  The need for a bridge loan arises when you are selling your current property and the funds that are meant to be the down...

09.09.24 04:51 PM - Comment(s)