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Florida Home Loan offers the best interest rates on mortgage loans with outstanding customer service to
give you a pleasant experience with your re-finance,
home equity loan or new home purchase.
Bridge loans are obtained by those who have not yet sold their previous property, but must close on a purchase property. Not as common in this generation of lower rates and bigger loans. When used, the bridge loan becomes the source of funds for the applicant's down payment. Reasons for their decline in popularity include an increase in second mortgage lenders and sellers who will only accept offers from buyers who have already sold their property.
