Bridge Loans
Are you having trouble with your closing dates? Get bridge financing fast when you need it most. APPLY NOW.
In the process of purchasing a home, as we know, there are many timelines and closing dates and many of which do not match up. When these situations arise there becomes a need for additional capital. When investing in real estate flexibility is crucial when trying to close on a potential property quickly.
A bridge loan is exactly what it sounds like. It is a short term loan that can be used to pay for various home buying and selling costs. It also helps eliminate financial obligation and gets you access to cash flow right away. It is a popular financing option for landlords, property developers, real estate investors, and homeowners in the process of selling. Basically, bridge loans provide you with the financing you need but are not yet available from more traditional borrowing avenues (you are waiting for your house to sell or money to get freed up). It is secured to your existing home, and the funds can be used for a down payment on a new property. Since the interest rates for bridge loans vary, it’s important to work with a broker, like us, to help you get the lowest interest rates and financing terms possible. APPLY NOW.
Wise Equity helped me get approval for a 150K loan in the same day! I couldn’t be happier with their service!
– Sarah Campbell
Be Wise with your Equity!
Address
Head Office: 100 Consilium Pl. Suite 203 Toronto, ON M1H 3E3
Toronto Location: 2 Bloor St. E Suite 3500 Toronto ON M4W 1A8
info@wisequity.ca
Phone
1 (844)-416-WISE
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