How a Bridge Loan Can Make It Happen!
🏡✨ Buy Before You Sell? Here’s How a Bridge Loan Can Make It Happen!
Let’s face it: timing a move from your current home to your next dream home can feel like a circus act. You're balancing selling, buying, packing, and maybe even storing furniture — all while trying to keep your sanity.
What if there was a way to skip the juggling and step gracefully into your new home before you sell the old one?
Enter the Knock Bridge Loan™ — your friendly financial trampoline to help you make that leap.
💡 What exactly is a bridge loan?
Think of a bridge loan as a short-term loan that “bridges” the gap between buying your new home and selling your current one. With the Knock Bridge Loan, you can unlock your home equity before your current home is sold — so you don’t have to wait on offers or stress about timing.
🎉 Why homeowners love it:
- Certainty:
- Secure your next home without worrying about selling first.
- Make offers not contingent on selling your current home — giving you an edge in competitive markets.
- Convenience:
- Skip the dreaded double move, storage costs, or temporary housing.
- Receive up to $35,000 in Home Prep funds to help your current home shine on the market (plus up to $5,000 in moving expenses!).
- Competitive Cash Advantage:
- Qualify for better pricing and terms by removing your current mortgage payment from your debt-to-income ratio.
- Gain negotiating power when buying and selling.
- Cost-effective:
- No hidden fees, no upfront costs, and zero interest for up to 6 months!
- Typically faster and less expensive than a HELOC or home equity loan — and definitely less risky than dipping into retirement funds.
📊 What does it cost?
- Contract fee: 2.25% of your current home’s estimated list price
- Estimated closing costs: about $1,850 (varies by location and loan amount)
- Knock covers up to 6 months of mortgage payments on your old home while it’s listed!
🏠 In short:
The Knock Bridge Loan™ turns your biggest asset — your current home equity — into real buying power. Instead of stressing about timing or living in limbo, you can shop with confidence, prep your old home for the best price, and move on your timeline.
🌟 Ready to explore your options?
As a professional loan officer, I’m here to walk you through how this could work for your unique situation. Let’s talk about your equity, your next home goals, and whether a bridge loan could help make your move smoother, faster, and a lot less stressful!
📞 Contact me today — your next chapter is closer than you think!
.png)
Comments
Post a Comment