Bridge B4 U Sell Loan
A short-term bridge loan leveraging your current home’s equity that enables you to purchase another home WITHOUT having to sell first.
benefits:
- Our banking relationship with RPM, a division of LendUS creates the possibility for a customized bridge loan suited to your needs
- Snag the home you really love without the hassle of selling and moving first
- Peace of mind
- Boutique service and privacy
- Preserve precious cash and avoid liquidating investments
The fine print*:
- 2nd Lien against the current home
- Combined Loan-to-Value (LTV) of 70% on the departing property
- 6.0% interest-only (8.677% APR) (+ 1 point fee) for 6 months
To find out more about this product, email sereno@rpm-mtg.com
Listing Enhancement Loan
A short-term loan that allows you to complete agent-recommended upgrades to improve the value of your home. Enhanced homes can sell for more! As part of the qualification process, you will also be qualified for a loan on the purchase of your next home.
benefits:
- No upfront costs
- Preserve precious cash
- Deferred payment
- Maximize your home’s value
- Boutique service and privacy
The fine print**:
- $15,000 to $50,000 available
- 0.01% interest-only (1.355% APR) for the first 6 months
- Secured by 2nd Lien against the current home
To find out more about this product, email sereno@rpm-mtg.com
Loan products powered by RPM Mortgage, a division of LendUS.
*Qualifications are based on a 680 Minimum FICO,70% combined loan-to-value, $400,000 loan amount, single family dwelling. Balloon payment due at end of term.
**Qualifications are based on a 680 Minimum FICO, 70% combined loan-to-value,$50,000 loan amount, single family dwelling. Balloon payment due at end of term. This does not represent an approval for financing or interest rate guarantee. Rates and terms are subject to change without notice. Borrowers are subject to underwriting and credit approval. Other restrictions may apply. Contact LendUS, LLC for more information. LendUS, LLC NMLS #1938 - Licensed by the Department of Business Oversight under the CA Residential Mortgage Lending Act. Equal Housing Opportunity.