你找到了一个完美的家. 它有足够的空间容纳你的家人, 一个很棒的后院, 它在一个很棒的学区, and even has an extra bathroom - since your spouse won’t stop hogging yours. But there’s just one drawback: you need to sell your current home before you can buy it.
如果你必须先卖掉你现在的房子, your dream home could be off the market by the time you’re ready to buy. 如果你在卖掉你现在的房子之前买了你梦想中的房子, 你可能每个月要付两次房贷. What do you do? If you’re like most people, you probably don’t want to have two mortgage payments. This is where a bridge loan 从阿伯金融信用合作社可以对你有意义.
什么是过桥贷款?
A bridge loan is a mortgage with a term up to 12 months and 利息支付s. Our bridge loan is designed to help prospective home buyers that do not have cash savings for a down payment but want to get into that new home quickly. A bridge loan lets you use the equity built up in your existing home as a down payment on your next home.
市场状况催生了对过桥贷款的需求. There are few homes for sale, and those that are for sale sell quickly. Many buyers miss opportunities because they do not have liquid assets. 利用你家里的股权可能是一个完美的解决方案.
过桥贷款是如何运作的?
First, we will order an appraisal on your current home to determine the value of your property. 通过过桥贷款, 你最多可以借到房屋净值的80%, 即贷款价值比, or LTV. The equity is calculated by using the appraised value and subtracting any current mortgage or HELOC balances. You then make 利息支付s on the mortgage, which keeps your payments low and manageable. Arbor Financial甚至有90天不付费选项*! 目标是在一年内卖掉你的房子, 当你成交的时候, 过桥贷款还清了.
过桥贷款的好处是什么?
The biggest advantage of a bridge loan is your ability to put your home on the market and buy with fewer limitations. You will be able to make an offer on your dream home without any contingencies. This will give you a much better chance of having your offer accepted.
通过过桥贷款, you can avoid costly private mortgage insurance when you have a 20% down payment for your new purchase. Additionally, there are unique situations where you could wrap up your current mortgage into a bridge loan to help reduce the debt-to-income ratio, 让你有资格申请新的抵押贷款. For example, let’s say you owe $20,000 on your first mortgage and your monthly payment is $2,000. 你可以支付这20美元,000 plus the amount you want to take out for a down payment and wrap it into the bridge loan, making one low, 利息支付, 因此，保持较低的债务收入比.
从哪里开始呢??
The first step in seeing if a bridge loan is right for you is by contacting one of Arbor Financial's 抵押贷款专家. 你的财务需求可能会有所不同, but an experienced and friendly mortgage specialist from Arbor Financial can help guide you in getting the most of out your home loan. Call us at 269.544.3105, apply online, or 安排约会 今天开始吧.
*Qualifying borrowers may be eligible to defer their first payment for up to 90 days, 取决于信用评分和贷款何时结束. Interest accrues from date of loan disbursement and is collected at bridge loan closing.
