Bridge Loans
Team Johnston
Team Johnston
9105 Mendenhall Mall Road, Suite 142, Juneau, Alaska 99801Houston, Texas 77027
Call Pam Johnston: 907-321-3881
Bridge the listing gap.
Our exclusive portfolio product can help sellers buy and move into another home before they sell their existing residencies.
Cornerstone Bridge Loan
- Up to 75% combined loan-to-value (CLTV) for the existing residence and the new residence
- Requires confirmation of the existing home’s value; appraisal required
- Borrower’s qualification for a permanent loan during the bridge loan process must be verified before the bridge loan can fund
Moving Sooner Means Staging Opportunities For Sellers' Existing Residencies
Staging can positively affect the sale!*
- 62% of seller’s agents said staging decreased how long a home spent on the market
- 77% of buyer’s agents said staging made it easier for buyers to see the home as their own
- 50% of staged homes had a 1-10% boost in dollar-value offers
*Sources: National Association of REALTORS® 2019 Profile of Home Staging / KeepingCurrentMatters.com. Sources deemed reliable but not guaranteed.
Contact us to get started today!