Thursday, March 21, 2024

Buy A New Home Without Selling Your Old Home With Our Bridge Loan Products

 BUY A NEW HOME WITHOUT HAVING SOLD YOUR OLD HOME 


Our new Bridge Financing program empowers you to access equity from your current home to purchase a new home, with no monthly payments on the bridge financing. You can gain a competitive advantage in a hot housing market by making a non-contingent offer on the new property.


• Bridge Financing Program pays of 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 for Primary Residences and Second Homes and 6 months for Non-Owner Occupied properties 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

For more information on our Bridge Loan or other loan products contact Park Place Collective today. 

Marni Wolf: mwolf@parkplacefg.com

Joe Costa: jcosta@parkplacefg.com

Park Place Collective

619.990.7552 (CA)

602-920-8142 (AZ) 

www.parkplacefg.com 

bridgeloans@parkplacefg.com 

NMLS #1267181 

DRE #:01410823 

CA Insurance:0G43152

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home