Grand FundingLLC
GLOSSARY · INVESTOR DEFINITIONS

What Is a Bridge Loan?

A short-term loan that bridges the gap between a current need (e.g., property acquisition) and a future financial event (e.g., a sale or refinance).

What needs to bridge the gap?

Identify the immediate need and the sale, refinance, or other event expected to repay the loan. Ask about costs, the due date, and a backup plan if the payoff is delayed.

Why total cost matters

Compare the complete financing cost, including the rate, points, third-party fees, term, and exit plan. Logan presents the transaction-specific terms in writing before a borrower decides whether to proceed.

Related terms

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