swing loan

Related to swing loan: bridge loan

swing loan

bridge′ loan`

a short-term loan used for interim or emergency financing, as between selling a house and buying another. Also called swing loan.

Mentioned in ?

bridge loan

References in periodicals archive ?

If there is sufficient equity, the swing loan can be structured to capitalize the interest for a period of time.

Builder business: a great opportunity to 'make it easy'

Swing loan demand is inversely proportional to activity in the housing market.

Stocking a full line

It offers personal banking products and services, including checking, savings, money market, and individual retirement accounts, as well as certificates of deposit; and loans and lines of credits, such as personal, home equity, auto, and swing loans. It was incorporated in 2002 and is headquartered in York, Pennsylvania.