Bridge the Gap Between Properties with Fast, Flexible Financing
Are you a real estate investor or homeowner facing a timing challenge in your next property purchase? Do you need to secure your dream home or investment property before selling your existing one? Ameritrust Mortgage offers Bridge Loan solutions to bridge the gap and make your transition seamless.
Bridge loans, also known as swing loans or gap financing, are short-term loans designed to provide temporary financing during real estate transactions. They allow you to access funds quickly, often within days or weeks, to purchase a new property before your existing property is sold. This gives you the flexibility to move forward with your plans without missing out on opportunities.
Bridge loans are a versatile financing tool suitable for various borrowers, including:
Real Estate Investors: Individuals purchasing investment properties for rental income or fix-and-flip projects.
Homeowners Upgrading/Downsizing: Those needing to buy a new home before selling their existing one.
Homebuyers Facing Contingent Offers: Buyers whose offers are contingent on selling their current property.
Borrowers with Strong Equity: Individuals with significant equity in their existing property, which can be used as collateral.
Foreign Nationals: We also offer bridge loans to foreign nationals interested in U.S. real estate.
Bridge loans offer several key advantages for borrowers:
Fast Approval and Funding
Get access to capital quickly, often within 7-10 business days.
Flexible Terms
Loan terms typically range from 6 to 12 months, but can extend up to 24 months.
No Prepayment Penalties
Pay off your bridge loan early without incurring additional fees.
Avoid Contingent Offers
Make non-contingent offers on your new home, strengthening your position in competitive markets.
Preserve Your Buying Power
Secure your new property without waiting for your current home to sell.
Interest-Only Payments
Some bridge loans offer interest-only payments during the loan term, reducing your initial monthly costs.
Key Features of Bridge Loans
Loan Term: 6 Months - 60 Months
No Tax Return Needed
We Lend to Foreign Nationals
Closing Time: 7 - 10 Business Days
Loan Amount: $75,000 to $9,000,000+
Interest Rate: 9.50% to 12.99% (subject to change)
Up to 100% Rehab Financing
LTC (Loan to Cost): Up to 90%
LTV (Loan to Value): Up to 90%
No Pre-Payment Penalty
Min FICO: 660
At Ameritrust Mortgage, we're committed to helping you achieve your real estate goals through flexible financing solutions.
Expertise:
Our team has extensive experience in bridge lending and understands the unique needs of borrowers in transition.
Speed:
We prioritize fast approvals and funding to help you secure your next property quickly.
Flexibility:
We offer customizable loan terms to fit your specific situation.
Transparency:
We provide clear and upfront communication throughout the loan process.
Customer-Focused Approach:
We're here to support you every step of the way.
Have Questions?
Below you can find the answers to frequently asked questions.
Anything Unclear or Need Some Help? Relax, We Are Here for You 24/7
Relax and take comfort in knowing that our 24/7 support ensures you're never alone on your financial journey.
Customer Service
Please provide your query, and we will assist you as quickly as we can.
+1 ( 888 ) 499 - 9060
info@ameritrust-mortgage.com
Address: 17341 Irvine Blvd., Suite 285, Tustin, CA 92780
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