A bridge loan is a short-term loan used to bridge the gap between buying a investment property and selling your previous one. Sometimes you want to buy before you sell, meaning you don't have the profit from the sale to apply to your new purchase.
Also known as interim financing, gap financing, or swing loans, bridge loans bridge the gap during times when financing is needed but not yet available. Both individuals and companies use bridge loans for business purposes.
ACTION FUNDING INC does not offer bridge loans for consumer purposes.
Bridge loans can help real estate investors purchase a new property while they wait for their current property to sell. Borrowers use the equity in their current property for the down payment on the purchase of a new property while they wait for their current property to sell.
A hard money bridge loan is a excellent solution for this type of situation. Often times the buyer finds a perfect property to purchase but doesn't have the money needed to close. This can be very frustrating for the real estate investor as finding quality properties to purchase is very time consuming and not always easy to find. ACTION FUNDING INC can solve this problem with our bridge loans for residential and commercial real estate.
ACTION FUNDING INC provides California bridge loans in Los Angeles, Orange County, San Diego, San Francisco Bay Area, Riverside, Ventura, Sacramento, San Bernardino, San Jose, Long Beach, Pasadena, Irvine, Glendale and various other counties and areas in the state of California. Contact ACTION FUNDING INC now and have your real estate bridge loan mortgage funded fast.
ACTION FUNDING INC is a direct California bridge loan lender based in Woodland Hills with more than 21 years of experience providing real estate investors and with commercial and residential bridge loans. Offering fast approvals and funding, competitive rates and reliable service for direct bridge loan financing.
ACTION FUNDING INC has become one of the top hard money commercial and residential bridge loan lenders in California.