Whatcom County Yakima County Residential Condominiums Vacant Land Mfd. Thank you for your excellent and efficient help. No, this is not about financing the Narrows Bridge. It is about borrowing money using the equity in an existing home to provide the funds you need to purchase another home. Bridge loan terms are usually based on the prime rate plus one or two points, are due in six months and usually cost one percent of the loan amount plus closing costs.
Interest only is paid monthly until the loan is paid in full.
All rights reserved.