Bridge & Buy
As a homeowner who is ready to move, one of the most challenging elements is figuring out the best way to use the equity you've built up in your current home to purchase your new home. Whether you are moving up, moving down or just plain moving, the "ususal" method is to sell your existing home and once it closes, purchase your new home. This can create quite a few sleepless nights as you either throw your money away on a rental, or worry about whether the seller of the home you are in escrow to buy will be okay with waiting to close on your purchase as you deal with any problems that may come up during your sale, like the buyer of your home backing out even though you've spent thousands on inspections of your new home.
Well our Bridge & Buy program eliminates a lot of those worries!
This program is designed to allow homeowners to take up to 75% of the equity out of their current home, payment free for up to 12 months while they find, purchase and move in to their new home.
The bridge loan can also be used to get your existing home ready for sale once you've moved into your new home!
This means you can find your next home and put in an offer that is not contingent upon the sale of your existing home!
If you would like more information about this program and the homes that are available for your move, please use the contact form below or give me a call at 702-336-8595
Well our Bridge & Buy program eliminates a lot of those worries!
This program is designed to allow homeowners to take up to 75% of the equity out of their current home, payment free for up to 12 months while they find, purchase and move in to their new home.
The bridge loan can also be used to get your existing home ready for sale once you've moved into your new home!
This means you can find your next home and put in an offer that is not contingent upon the sale of your existing home!
If you would like more information about this program and the homes that are available for your move, please use the contact form below or give me a call at 702-336-8595
Bridge Financing Program pays off the existing lien while providing the cash out needed for down
payment on the new home.
- Equity used for down payment for the new home
- No monthly payments on the bridge financing
• Up to 75% LTV on bridge loan, depending on occupancy and loan amount
• Balloon payment due in 12 months with NO MONTHLY PAYMENTS REQUIRED
• Loan amounts as high as $2,000,000
• Bridge financing only available in conjunction with financing on the new purchase home
payment on the new home.
- Equity used for down payment for the new home
- No monthly payments on the bridge financing
• Up to 75% LTV on bridge loan, depending on occupancy and loan amount
• Balloon payment due in 12 months with NO MONTHLY PAYMENTS REQUIRED
• Loan amounts as high as $2,000,000
• Bridge financing only available in conjunction with financing on the new purchase home