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Buying a Home? Dave Ramsey Says to Avoid This Loan at All Costs

Buying a Home? Dave Ramsey Says to Avoid This Loan at All Costs

It's a situation many buyers find themselves in, and a bridge loan might seem like a good solution. What is a bridge loan? A bridge loan is a short-term loan you can use for situations such as the one above -- needing to make a down payment on a home when your money is tied up until your existing home sells.