Bridge Loans Are Back – No More “Contingent Offers”

The Jerimiah Taylor Team wants to share some exciting news!

Washington Federal has a bridge loan program!

If you’re shopping for a new home, but haven’t yet sold your existing home, making a competitive offer can be difficult.  “Contingent Offers” can sometimes severely limit your buying leverage.  Washington Federal has announced they are offering Bridge Loans, thus allowing home owners to purchase a new home while their existing home is still on the market.  With a Bridge Loan, you will enjoy more negotiating and purchasing power to:

- Buy or build your dream home today, and sell your current home tomorrow.

- Borrow up to 100% of value of your new home depending on the equity position in your current home.

- Qualify with payments on the new home only, not both homes.

- No more contingent offers.

For more information on these and other options,  Contact Us.

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