Bridge loans: When to use one Finding a new home can be a process, but sometimes you find the right home in the right location at the wrong time. Sure, you may be emotionally ready to move, but if you’ve already found a new home and you’re still waiting for your current home to sell, you may feel financially stuck. In need of funds immediately! It’s tough to buy a...Continue Reading
Bridge loans: Understanding how they work You’ve found a great new home to buy, but your current home hasn’t sold. That’s the financial dilemma some homeowners find themselves stuck in. Without the funds available to purchase a new home immediately, you may lose out. A bridge loan can help “bridge the difference” when you want to buy, but you still have to sell. It can be particularly helpful in a...Continue Reading