Bridge Loan for Concurrent Home Purchase
Z4 Capital structured a bridge loan secured by both the borrower’s current and new residence, allowing the purchase of a new home prior to the sale of the existing property.
Loan Highlights
- Bridge financing secured by two properties
- Simultaneous closing structure
- Reduced overall closing costs
- Equity-based qualification
- No income, asset, or credit documentation required
- Loan Amount: $785,000
- Location: Bethesda, MD