FEATURED ARTICLE
At the Heart of Bridge Loans
A Conversation with Sofia Nadjibi and Mark Hanf By Charles Peckman, Contributing Writer for Originate Report
A
bridge loan is a short-term
Originate Report sat down with the
they desire, I sensed that in a post-
loan that is used to help
duo to discuss their upcoming book
2008 crash environment I could
someone buy a new home
and the timeliness of informing real
scale bridge loan products in the
before they sell another property.
estate professionals about the power
marketplace, and also realized that
Simply put, this product assists
of bridge loans.
many were not aware this class of
homeowners who may feel stuck in their home or without additional loan options. No one understands this bind better perhaps than Sofia Nadjibi and Mark Hanf, who have teamed up on an upcoming book
loan tools even existed. Originate Report (OR): How did both of you enter the space? Were
Additionally,
real estate and bridge lending topics
wanted to move in 2010, we found
that were always on your radar?
our perfect home utilizing the bridge
when
my
family
loan tool to make the transition Sofia Nadjibi (SN): I have been in
work. Once I saw how there was no
the mortgage business for almost
sale contingency, and we ultimately
25 years now and was working as a
received a discount on the house, I
traditional mortgage lender; I was
understood how powerful bridge
also the in-house mortgage lender
loans could be for consumers. My
for several real estate companies
own experience with the product
their combined decades of experience
– back when I became extremely
aside, I have always held such
in lending to illustrate the power and
passionate about creating strategies
passion for working closely with all
breadth of bridge lending.
for getting people into the properties
real estate professionals.
‘The Power of Bridge Loans’ about the subject of bridge loans. Nadjibi, Principal & Broker of Golden Gate Lending Group, and Hanf, Founder & CEO of Pacific Private Money, pooled
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