A short-term, interest-only loan, the Real Estate Bridge Loan can help you proceed with a new home purchase before your old home sells. With competitive fees, bridge loans are designed to cover a down payment and the closing costs associated with a new home purchase.
- Short-term loan
- Interest-only financing
- Competitive loan fees
- Immediate funds in one convenient check
- Automatic draft payments from your checking account available
- May be able to borrow up to 90% of your home's existing value