Full Definition of GOVERNMENT. 1. : the act or process of governing; specifically: authoritative direction or control. 2. obsolete: moral conduct or behavior: discretion. 3.
CTL financing is a powerful tool that maximizes the financing on your commercial real estate properties leased to investment-grade tenants for either existing or to-be-built properties.
They usually run for six month terms and are secured by the borrower's old home. A lender also seldom extends a bridge loan unless the borrower agrees to finance the new home's mortgage with the same institution. As for rates, they accrue interest at anywhere from the prime rate to prime plus 2 percent.