You can buy before you sell with the Windermere Bridge Loan, from Vintage Loans, LLC. This is an exclusive tool that we can use to help you buy real estate when you find it.
You can make a non-contingent offer, which makes your offer more attractive to sellers, and you don’t have to risk losing your new home while waiting for your own property to sell.
The amount you owe on your home, plus the bridge loan, cannot be more than 75 percent of the value of your current home. The approval process by Vintage Loans, LLC takes only a few days.
The loan fee is just one percent of the loan amount, due upon disbursement of the loan. No payments are necessary on the loan before your home closes unless you choose to make a payment. The principal and interest are due when the home closes, or six months following disbursement, whichever comes first.