BRIDGE LOANS
Buyers can purchase a home before selling their current home with a
Bridge Loan
Heidesert
Mortgage with Evergreen Home Loans offers a complete home financing solution.
Here’s some information we think you should know:
Available on
owner-occupied, second homes and investment properties
Maximum loan
amount is $417,000
For single
family properties and 2 to 4 units
Current
property must be listed prior to closing for a competitive market price to
facilitate a quick sale
Borrower must
qualify for a fixed-rate non-owner occupied refinance in the event the subject
property does not sell within 6 months
Full appraisal
is required
You must be
approved for the purchase of a new home with Heidesert Mortgage - Evergreen
Home Loans. The bridge loan closes
simultaneously with the new purchase transaction.
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