A simple solution to bridge the gap between the home you have and the home you want.
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A simple solution to bridge the gap between the home you have and the home you want.
A bridge loan is a short-term loan that uses the equity from your current home to help you make an offer on a new one, without rushing to sell.
If you want to move but your money is tied up in the equity of your current house, a bridge loan can help you secure funding to facilitate the transition to a new home — like for a down payment or mortgage payments. Once your current home sells, you can use the proceeds to pay the bridge loan back.
If you're relocating for a new job or other reason, a bridge loan can afford you the freedom to move on your own terms and secure a new house when you need to, without having to wait for your old home to sell.
Whether you're using Compass Concierge to increase your home's value, or are making improvements on your own, it may be easier to have construction work done when you're out of the house. A bridge loan can help you move faster so you're out of the house while those improvements are being completed.
While Compass clients are encouraged to find the best lender for them, RoundPoint Mortgage Servicing Corporation is a well established industry lender who offers short-term financing and has years of experience working with Compass agents and clients.
When looking for a mortgage, it's important to find a company that specializes in mortgages above all else, and to find a lender that can address your unique home buying or refinancing needs, regardless of how unique your circumstances may be. We can help.
The Mark Maimon Team
at RoundPoint Mortgage Servicing Corporation,
(A Freedom Mortgage Corporation Subsidiary)
855-915-850
[email protected]
Available to serve customers in all states except MA. Coming soon.
Stepheni, Seller | Marina del Rey
“William is the expert in MDR high-rise condos, His greatest strength is how he shows a property and how he properly qualifies a buyer prior to a showing. William knows the values, comps, market and works extremely well with the agents, We could not be happier with the results...... bottom line is that William is the reason that we sold for top dollar in Marina del Rey.”
Individual results may vary. Testimonials are not intended to guarantee the same or similar results.
Information regarding lenders which offer short-term Bridge Loan financing is provided for informational purposes only and does not constitute an endorsement of the particular lenders referenced. Compass cannot guarantee that these institutions will be able to assist and does not assume any responsibility as to the performance of services to be provided by these institutions. There are no requirements that you participate in the Compass Bridge Loan Services or obtain a loan from these providers to participate in any other Compass programs (such as Compass Concierge). Speak to your Bridge Loan lender about all the costs you may be responsible for in connection with your Bridge Loan.
William has helped countless buyers and sellers meet their real estate goals throughout the Westside, applying his vast knowledge of individual communities and pricing histories, and, in particular, his passion for and understanding of the area's luxury condo offerings.
Contact UsCompass
11601 Wilshire Blvd Suite 101 Los Angeles, CA 90025 CA DRE# 01006385
William Durfee Group
