Real Estate Glossary



  Bridge Loan

A form of second trust that is collateralized by the borrower's present home (which is usually for sale) in a manner that allows the proceeds to be used for closing on a new house before the present home is sold. Also known as "swing loan."

 

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Steve Stoddard is a licensed Realtor and broker affiliated with Suburban Realty Inc of Manchester NH and works with clients as both a buyer's agent and a sellers agent in the purchase and sales of single family homes, multi-family homes, and condominiums in the greater Manchester NH area. Suburban Realty, Inc. is an authorized HUD home broker.


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