Loan Information : How Does a Bridge Loan Work?

A bridge loan is when someone is doing two loan transactions that are tying into each other, such as taking a loan from an existing home to make a down payment on a new home. Bridge transactions to avoid making unnecessary payments withhelp from a financial specialist in this free video on loans and money management. Expert: Matthew McKillen Contact: www.innovativefg.com Bio: Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients. Filmmaker: Christopher Rokosz

Industry requires a 3 year bridge

Industry requires a 3 year bridge

With the FSA planning to cap and define a bridging loan as one with a maximum term of 12 months, according to the last consultation paper of the Mortgage Market Review, will products that extend over this proposed limit still be classed as a bridge or
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bridge loan

With over 20 years in business, Fincorp is one of the UKs most established and respected providers of bridging loans. Visit us @ bridgingloansfc.co.uk