Bridge Loan Programs from Hurst Lending
We aim to serve our clients with the understanding that each client might have different needs, desires, and circumstances. For this reason, we have created a number of Bridge Loan programs to suit a variety of circumstances. Each of our bridge loan programs is uniquely designed to fit circumstances our clients have described throughout the history of our company. If you have a unique circumstance not listed or identify with multiple programs, please contact us to see how we can best serve you.
If your current property is too small for your needs, but you have built up equity and are eager to purchase a larger home, a Bridge Loan is a great way to secure a new home without waiting for your existing property to sell or dealing with the hassle and cost of moving twice. Hurst Lending provides bridge loans that consider your existing property’s equity so you can use the money to secure a new home that better fits your needs. This program gives you “credit” for the money you have invested in your existing home to put towards your dream home. Using a bridge loan allows you to secure a low-rate, no-PMI conventional loan for your new home because, between your small down payment and our bridge loan, you can put 20% down on your dream home. Then, as soon as the home you’ve outgrown sells, the bridge loan is paid off! This option is also a great way to stay under jumbo loan limits.