P a t r i c k J e f f r e y R e a l t yA bridge loan
is a form of short-term borrowing designed to help homeowners fund the purchase
of a new home before their current one is sold.
Based upon the combined value of the old and new homes - and upon the credit
of the borrower - bridge loans have a wide variety of conditions and characteristics.
They are a useful tool in the home shopper's arsenal.
