Residential Bridge Loans
Make your offer more attractive as an "All-Cash" buyer.
Buy your dream home before selling your current home
If you want to purchase a new home before you sell your current home, our Bridge Loan program provides you with the flexibility.
8.25% to 9.5% with No Prepayment Penalty
This program gives you time to stage and sell your current home for its maximum price.
Owner-occupied, cross-collateralized -
this loan is secured by a first trust deed on the new home
and a first or second on the current home.
Loan amounts $500,000 to $3,000,000.
Loan terms 11 months, interest only payments
No prepayment penalty.
Loan to value up to 100% of the purchase price of the new property, CLTV 65%.
Origination Fees starting at 1.5%.
Home ownership counseling required; TRID timelines apply; may not finance closing costs.