Wednesday, April 13, 2016


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:
 
Your buyers can purchase a home before selling their current home with a bridge loan from Evergreen.


*    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.
 
You can start looking for your new home today!  Call Doug Heide about a bridge loan today – 760/963-1643 or visit www.heidesertmortgage.com

 

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