Kyle Hawthorne
Kyle Hawthorne
(319) 415-0505
Commercial Real Estate Specialist
Waterloo, Iowa
Cedar Falls, Iowa
Real Estate Glossary

  Bridge Loan

A form of second trust that is collateralized by the borrower's present home (which is usually for sale) in a manner that allows the proceeds to be used for closing on a new house before the present home is sold. Also known as "swing loan."

 

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