1Bridge loans are short-term loans designed to "bridge" a financial gap when you need immediate funds but anticipate receiving a larger sum in the future. They're often used in real estate to cover the purchase of a new property before selling an existing one. While they can be a helpful financial tool, they typically come with higher interest rates and fees, so careful consideration is necessary before taking one.

 Bridge loans are short-term loans designed to "bridge" a financial gap when you need immediate funds but anticipate receiving a larger sum in the future. They're often used in real estate to cover the purchase of a new property before selling an existing one. While they can be a helpful financial tool, they typically come with higher interest rates and fees, so careful consideration is necessary before taking one.

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