We offer short-term bridge financing for up to 29 days to assist with the new XCEED purchase transaction. We require a firm sale agreement along with the current mortgage statement to ensure that the sale is final and to ensure net proceeds cover the bridge loan and closing cost.
Pricing and administrative fees vary and are calculated on the number of days the bridge loan is required and on the overall strength of the deal.
Best interest rate buy down
Our interest rate buy down offers you the most cost-effective way to offer your clients the lowest interest rates possible.
No minimum square footage
Sometimes people need less space. Urban living, millennial buyers and down-sizing boomers are all contributing to the popularity of a pared down lifestyle. Unlike many lenders, we don’t force any random square footage requirements, rather, we make our determination based on marketability.
GDS/TDS calculations do not include child support
Our GDS and TDS calculations do not include child support; rather, we deduct payments from income to determine feasibility.