Does the idea of selling before buying make you too nervous in this low inventory market?
Did you fall in love with your dream home sooner than expected? Are you still prepping your current home to make it market-ready?
With our Bridge Home Loan Program, you can maybe buy your dream home without having to sell your current home ¬ first.
This special short-term, interest-only program works because it does not factor your current mortgage payment into the debt-to-income ratio used to qualify. This makes it easier for you to qualify, while still owning your current home. As an interest-only loan, you will not have to worry about two hefty mortgage payments.
Once you sell your home, we simply re¬finance you into permanent home financing.
• Often allows for 100% Financing on Purchase
• Write a non-contingent offer
• Get your dream home today
• Provides a solution that doesn’t include temporary housing, storing your belonging or having to sell your current residence prior to closing on a new home purchase
• This option allows you to use the equity in your current home to qualify for the purchase of your dream home
• Eligible properties include: Primary, Secondary and Investment
• 1-year interest-only loan term
• Minimum loan amount: $150,000
• Departing home must be listed for sale prior to the closing on The Bridge Home Loan
Call me for more information or to get Pre-approved, (208) 277-1717.