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Mortgage Rate Trends | Credit Karma – What is a Mortgage? A Mortgage is a loan used to purchase, refinance, or borrow against a home. There are "First Mortgages" and "Second Mortgages," the former designed to allow you to purchase the home or totally refinance the original loan; the latter, also known as a Home Equity Loan, allows you to use your available equity to take out a subordinate loan in addition to your First Mortgage.

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What Are Swing Loans? | LegalMatch Law Library – Swing loans are mortgage loans that help borrowers who are in the process of transitioning from one home to another. Most mortgages are only backed by one property (i.e., the home in question). However, swing loans are backed by both the current home of residence and the home that the borrower is about to move into.

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Bridge Loans – Fairfax Mortgage Investments – Also known as “gap financing” or “swing loans,” bridge loans provide immediate cash flow to borrowers who meet strict requirements. If you are trying to sell your .

MBA: Mortgage applications swing back up – Mortgage applications swung back up and increased 3% from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Aug. 4. Broken up,