Buy first. Sell later.
With less stress.
Are you a current homeowner trying to buy and sell at the same time?
Meet Rate Bridge. It’s the smartest, easiest way to buy your next home — without having to sell your current one right away.
No need to time everything
perfectly
Eliminate the stress of juggling both your buying and selling timelines all at
once. Once you’ve picked out the house you love, a Rate Bridge loan lets
you borrow up to 85% of your current home’s equity to buy it.
Even better, you can stay put in your existing one for a while. No need to sell
immediately to get funding.
A Rate Bridge loan gives you
homebuying power
Move now, pay later
No payment due for 4 months
Same day funding
Get funded the day you close on your new home
Borrow what you need
Get funded the day you close on your new home
Lock in a fixed rate
Your rates won’t change when the market does
Large down payment option
Putting more down can reduce your monthly payments
Move forward with confidence—contact a Rate Loan Officer.
Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply.
Savings, if any, vary based on the consumer’s credit profile, interest rate availability, and other factors. Contact Rate for current rates. Restrictions apply.
Departing residence obligations can be excluded when there is not an executed purchase contract. The borrower must either have a concurrent listing of their home or signed letter of intent to list the departing residence for sale within ninety days of closing on their new residence. Equity in the departure residence must be documented with a 2055 exterior or full appraisal subject to a minimum equity requirement. The marketing time indicated by the departure residence appraisal determines additional reserves required to utilize this feature. Applicant is subject to product eligibility and credit underwriting approval. This feature cannot be paired with bridge loans or cash equity advance programs. Restrictions apply. (0925-3717209)