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USE FOR BRIDGE LOANS, CONSTRUCTION LOANS, LOT LOANS AND COMMERCIAL LOANS NOT FOR PURCHASE, REFINANCE OR IMPROVEMENT OF A DWELLING FINANCIAL STATEMENT & LOAN APPLICATION Locally owned and operated,
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How to fill out bridge loans in california

01
Contact a local lender or financial institution that offers bridge loans in California.
02
Provide details about the current property you own and the new property you are looking to purchase.
03
Submit an application along with necessary documents such as proof of income, credit score, and property appraisal.
04
Get approval for the bridge loan based on the value of your current property and the potential of the new property.
05
Use the bridge loan to finance the down payment or purchase of the new property.
06
Pay off the bridge loan once you sell your current property or secure permanent financing.

Who needs bridge loans in california?

01
Homeowners who are looking to buy a new property before selling their current one.
02
Real estate investors who need short-term financing for a property purchase.
03
Property developers who require funds for construction or renovation projects.
04
Individuals facing a time-sensitive real estate transaction and need quick access to funds.
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A bridge loan in California is a short-term loan used to bridge the gap between the purchase of a new property and the sale of an existing property.
Individuals or companies applying for a bridge loan in California are required to file the necessary documents and information.
To fill out a bridge loan in California, you will need to provide information on both the new property being purchased and the existing property being sold, as well as your financial information.
The purpose of bridge loans in California is to provide temporary financing to cover the gap between the purchase of a new property and the sale of an existing property.
Information such as the loan amount, interest rate, repayment terms, and collateral must be reported on bridge loans in California.
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