Bridge Loans

A bridge loan is a short-term mortgage loan that uses the equity in your current home to help you make an offer on a new home without rushing to sell. Bridge loans can be very beneficial in a seller's market when you’re competing with many other buyers. It can sometimes remove any financial contingencies in your offer, making it more desirable to a seller. Bridge loans can help you avoid private mortgage insurance (PMI) by freeing up more cash to put down on the home you are purchasing. Bridge loans have interest-only payments, so they can also temporarily reduce your debt-to-income ratio for the new home purchase while you wait to sell your old home until you are moved in. This is also more convenient when relocating across a long distance where it may allow you to qualify to purchase a home in your new locale and move before you even place your old home on the market.

Professional Mortgage

For Licensed and Certified Professionals

Features Include:

  • Up to 100% financing with No Private Mortgage Insurance (PMI) required
  • Loan options available for purchase, refinance, construction/permanent
  • Cash-out refinance up to 75% LTV
  • Owner-occupied primary residences and second homes
  • $1,000 Loan Origination Fee
  • No closing fee or title search fee when closed through Superior Title, LLC
  • Eligibility required