š What Is a Bridge Loan?
Hi, I’m Grant Porter with Bluebird Home Loans. In this video, Iām breaking down everything you need to know about bridge loansāa smart short-term financing option for homeowners in transition.
š What youāll learn:
What a bridge loan is and how it works (typically up to 12 months)
How it helps when your down payment is tied up in your current home
The concept of cross-collateralizationāusing both properties as security
How bridge loans can assist with employment gaps or self-employment qualifications
Real-life scenarios where a bridge loan can make a move possible
If youāre in between homes, jobs, or just need access to your equity before selling your current home, a bridge loan might be the perfect solution.
š Have questions or want to explore your options? Letās talk!
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Bluebird Home Loans | NMLS # 2383522 āļø (877) 482-1874 š www.bluebirdhl.com/ Bluebird Home Loans LLC is an Equal Opportunity Lender
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