The interest rate of bridge loan is 1.2% to 5%.

The so-called advance loan means that, for example, in the process of purchasing a house, when the down payment of the next house is insufficient, the so-called "finance service company" or guarantee company will provide funds to help the next house make up the down payment to help complete the purchase of the house. behavior. Of course, the borrower has to charge a 2% to 5% "advance" fee. To put it more simply, this "advance" behavior is similar to private loan sharking.

In the past, since most banks have opened "remortgage" services, if house buyers and house sellers took loans from the same bank, they could easily complete the loan transfer. Even if the loan is not from the same bank, the guarantee letter intervened by the guarantee company can facilitate the transfer of the loan, and the transaction between the upstream and downstream companies will appear smooth. The main room for "capital" is for some speculators. They want to shorten the time for real estate transactions and the waiting period for loan issuance, so they would rather pay a little more to realize the rapid flow of funds.