Bridge Loans

Bridge Loans

Bridge Loans

The Bridge loan is short term financing offered at competitive rates and priced with –0- points. The loan is structured as a 12-month interest only loan, keeping your payments low until you are ready for permanent financing or the loan matures. The maximum loan-to-value ratio for this loan is 80%. Many times multiple properties are used on the loan eliminating the need for a cash down payment on a purchase transaction. This loan is a great vehicle to use when you want to buy that dream home you just found before your existing home has sold.

Documentation requirements are easy and simple. A standard loan application along with a current pay stub will get the process started and on your way to pre-approval in minutes.