Finance
In Kentucky, a 'bridge loan' is used by homebuyers to:
AFinance a bridge or waterway crossing project
BFinance the purchase of a new home before selling their existing home✓ Correct
CCombine two mortgages into one
DFund major structural repairs between transactions
Explanation
A bridge loan is a short-term financing solution that allows a homeowner to purchase a new property before their existing home sells, bridging the financial gap between the two transactions.
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