Bridge the Gap
A bridge loan is a short-term financing option design to help individuals or businesses smoothly transaction between two financial transactions, such as buying a new property before selling an existing one. By providing quick, temporary access to capital, bridge loans make it possible to act on time-sensitive opportunities without disrupting cash flow. Whether you're moving to a new home or expanding your business, a bridge loan can offer the flexibility and financial support you
Benefits:
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Up to 100% LTV
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Up to 12 months interest only
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Quick turn time
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48 hour pre-qualifications
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Flexible debt-to-income requirements
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In-house permanent mortgage options
A bridge loan might be a good option for you if...
- There isn't enough room in your budget to qualify with TWO homes
- You are seeking to purchase and then improve the home. (Remodel your bathroom, install a deck, etc.)
- Your current loan doesn't meet the Fannie Mae/Freddie Mac guidelines
- You are retired with plenty of assets, but with a limited recurring monthly income
Interested in learning more about our grant programs? Let's find a Mortgage Professional near you.
Looking for more information? Ready to get started? We would love to hear from you.
Unsure if these are the options for you? Learn more about our home loan options through First Financial Mortgage.
All loans subject to credit approval.