What is the Definition of Bridge Loan?

Bridge Loan

Noun

Definition: Short-term mortgage financing that is in place between the termination of one loan and the beginning of another loan. Also, a form of interim loan, generally made between a short term loan and a permanent (long term) loan, when the borrower needs to have more time before taking the long term financing.

Pages that Mention Bridge Loan

Commercial Bridge Loans - Interim Lending - Apartment Loans - Mini-Perm Mortgages


Providing Bridge loans nationwide for commercial real estate. Lowest rates

Bridge Loans


Bridge financing gives owners the flexibility they need to reposition and stabilize commercial real estate properties. It is important to note that Bridge loans usually call for a clear exit strategy upon the loan’s term completion.

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