(603) 485-7727  - Toll Free -  877-900-8002

 

Bridge Loans

Acquire Mortgage's bridge loans make it possible for you to take advantage of the equity in your current home and utilize those dollars as a down payment on you new home. The debt created by the bridge loan is not counted against your debt obligations and the loan is paid off upon the sale of the home.

 

    Great mortgage program for borrowers who want to buy a home before their current home sells.

    A Bridge Loan can be used for down payment to purchase a new home including closing costs.

    Up to 95% financing on purchase of new home any conforming loan.

    Current mortgage and Bridge Loan payments are NOT counted in new loans debt ratio.

    All proceeds of Bridge Loan must go towards new home purchase only.

    Current home and new home loan must be owner occupied single family residence.

    Up to 90% financing (Bridge Loan) on current home.

    Six months PITI liquid reserves required on purchase of new home.

    Current home must be listed for sale by a professional real estate company. Copy of listing.    

    30-year term ( one year balloon) Bridge Loan. No prepayment penalty.

 

 

 

Apply Now ... or ... Need to be Prequalifited? Questions ... can we help?

 

(603) 485-7727  -  Toll Free (877) 900-8002

 

 

Acquire Mortgage & Finance provides financing for homes, commercial property and building lots. For you home loan and home equity, HELOC, needs contact us at the phone  number or addresses above. We look forward to providing the home loan mortgage you need to meet your requirements whether your credit is excellent, good or even poor call Acquire Mortgage and find the program just right for you. We Financing property across New Hampshire, NH.