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Bridging Loan
a short-term loan which allows a property owner to buy a property before selling an existing property.
It's highly recommended you have more than 50% in equity to make the bridging loan worthwhile.
Learn MoreYes! You'll need 20% of the peak debt, or $187,000 in cash or equity, to qualify for the bridging loan. If you have $300,000 in equity in your current home, you can afford the 20% deposit and meet the bridging loan's requirements.
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