In today’s highly competitive home purchase market, making a non-contingent offer can make the difference in whether an offer gets accepted. Learn how LendSure’s Bridge Financing services let borrowers access the equity from their current home and use it for a down payment on a new property, without any monthly payments.
The bridge financing services pay off the mortgage on the current home while providing cash out for the new home purchase.
- Borrowers can make non-contingent purchase offers
- Since there are no monthly payments, borrowers’ DTI can qualify for the new purchase loan
- Generate more referrals from Real Estate Brokers
- Attract more purchase business
- Generate referrals from local developers