Understanding the Bridge Loan

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Stop me if you’ve heard this one before. You’re ready to buy a new home, but all your equity — including the down payment for the new place — is tied up in the house you currently own. What are your options? In most cases, it’ll come down to a bridge loan, but there are a few considerations. The Ins and Outs of Bridge Loans First, it’s important to understand that not every bank services this type of loan. So

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