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Sometimes you need solutions to buy a property before you sell a property. Let's go over your scenario here: calendly.com/jeff-trevarthen/15-min-call
thank you
Is there a prepayment penalty if the home sells faster than the 8-12 months you mentioned?
Not in the bridge loan portion. There would be a penalty if you paid off the new purchase loan in less than 8 payments I believe.
Sometimes you need solutions to buy a property before you sell a property. Let's go over your scenario here: calendly.com/jeff-trevarthen/15-min-call
thank you
Is there a prepayment penalty if the home sells faster than the 8-12 months you mentioned?
Not in the bridge loan portion. There would be a penalty if you paid off the new purchase loan in less than 8 payments I believe.