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Bridge Loans
Waiting on your
previous residence to sell across town or maybe even up north
may take months, which could delay or even make your new home
purchase impossible. With our Bridge Loan Program there is no
need to wait for your other residence to sell. We can provide
you with the cash to bridge the time span between the time
when your first residence sells and the purchase of your new
home.
- A Bridge loan enables you
to use the equity in your first home as a down payment for
your new purchase
- The one time payment when
the loan matures makes the process easy and the product
affordable
Remodeler's Loans
Do you plan to remodel your
new home to suit your tasteful style? Our remodeler's loan
program can provide you with the cash you need to make the
upgrades you desire in your new residence.
- Your home's current value
plus all of the direct costs of improvements, and half of
the indirect costs are used for the maximum loan valuation
calculation (LTV), enabling you to borrow more.
- You have immediate control
over the money, as it is disbursed up front in 4 to 8
checks.
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