Buying a New Home



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Answer #1

See if you qualify for a Bridge loan with your Lender. Not all lenders have them. If you don’t qualify for this bridge loan, I don’t know of other options.

good luck

Answers Answered By: choicefinance.net Level Rating148points
Answer #2

A bridge loan is the best way but can be very tough to find. Another option is of course to find a new buyer also that doesn’t have to wait. A hard money loan also is an option but to me that is a last resort and make sure if you do that to check with your lender to ensure that is acceptable. Perhaps a gift from a family member also would be something to consider? Hope some of these ideas were helpful.

Thanks,

Brent Mendelson
Senior Loan Officer
Monarch Mortgage
600 Jefferson Plaza, Suite 400
Rockville, MD 20852
240-403-1970 Direct
301-412-0259 Cell
http://www.monarchmtg.com/bmendelson
nmlsr#111407

Answers Answered By: Brent Mendelson Level Rating133points

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