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how does a construction loan work to bridge it to a VA. loan?

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how does a construction loan work to bridge it to a VA. loan?

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How do you do bridge loan when there is no mortage on one house?

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A bridge loan uses a current home as collateral. To secure a bridge loan you must maintain your current mortgage, your new home, your bridge loan payments, and any other bills and loans.

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There are several places to get a bridge loan on your mortgage. Any bank or mortgage company will sell you a bridge loan, but remember they always have a much higher rate of interest.

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See a banker about a bridge loan

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