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Bridge Loans

Application | Mortgage Loans | Construction Loans
Home Equity Lines of Credit | Consumer Loans | Loans on CDs

Bridge Loans

 

The Bridge loan is short term financing offered at competitive rates and priced with –0- points.  The loan is structured as a short term 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.

 

 

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