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Financing, Mortgages and Insurance What options are best for you and your situation?


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Old 2014-04-14, 03:04 PM
WellThatsLovely WellThatsLovely is offline
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Default Qualifying for Bridge Financing?

If anyone has any recent experience with these loans, are there any new rules or requirements for bridge financing? Ie. employment or income?
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Old 2014-04-16, 07:33 AM
foxborough foxborough is offline
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No, there aren't any new rules for bridge financing. If you can qualify for a mortgage, chances are really good that you will qualify for bridge financing. Just remember that you must have an accepted offer on your current home that has all the conditions waived in order to qualify.
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Old 2014-04-16, 09:42 AM
WellThatsLovely WellThatsLovely is offline
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Thanks that's helpful. We'd qualify for a mortgage, but would never qualify to buy our own house if we had to pay for it in today's market. We're just relocating to another house of the same value and wondering about how to best arrange the closing dates.
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