What is a bridge mortgage?

Answer Bridge financing--which is also referred to as a bridge mortgage, bridge loan, a swing loan or bridge financing--is a short-term, interim loan to assist the borrower until permanent loan arrangemen... Read More »

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What is the difference between a suspension bridge&a cable-stayed bridge?

Suspension bridges and cable-stayed bridges look similar, but have significant differences in structure, purpose and construction. The Brooklyn Bridge and the Golden Gate Bridge are examples of sus... Read More »

What type of bridge is the Tower Bridge in London?

Designed by architect Horace Jones and completed in 1894, the Tower Bridge in London is an openable bascule bridge built in the Victorian Gothic style. It opens approximately 1,000 times per year, ... Read More »

What Do Mortgage Companies Charge When a Home Mortgage Is Paid Off?

Selling or refinancing a home usually involves paying off an existing mortgage. In calculating a payoff, which will satisfy and zero out the balance, all unpaid fees and interest must be included, ... Read More »

What is the difference between a mortgage and a second mortgage?

A mortgage is a home loan. There are numerous types of home loans. However, the two most often procured are first and second mortgages. Each type of mortgage has different rules and regulations.Sig... Read More »