Bridge Financing in Calgary — Quick Loan Processing at Lowest Rates

Bridge Financing is an important tool for clients when they are selling their current home and wish to move to a new home before the sale of the existing home is completed.

How Bridge Financing Works?

Basically the process works like this the lender would advance the second mortgage and the remainder of any down payment to the new home and basically lean the existing sale to ensure that they recover the money lent for down payment. It can guarantees a smooth transition from one property to the next and takes away the head ache that can occur of trying to close two properties on the same day.

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