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Bridge loans in California have become a common way to pull existing equity from a property to purchase a new property. Bridge loans allows the property owner to purchase a new property and move into it before selling their current home. This allows the property owner to avoid moving twice and the additional costs and hassle that come with it. Property owners are currently obtaining bridge loans California to assist with their move out of California and into other states with friendly tax rates for their retirement.
Bridge loans can be processed in 2.5 weeks for an owner occupied bridge loan scenario. Bridge loan terms are typically written for 11 months which usually sufficient time to secure the new property, move to the new property and then sell the previous property. Selling the existing property automatically pays off the bridge loan that is recorded against the home.
North Coast Financial is experienced with providing bridge loans throughout the state of California.
North Coast Financial, Inc.
2424 Vista Way #202
Oceanside, CA 92054
760-722-2991
jeff@northcoastfinancialinc.com
Bridge loans can be processed in 2.5 weeks for an owner occupied bridge loan scenario. Bridge loan terms are typically written for 11 months which usually sufficient time to secure the new property, move to the new property and then sell the previous property. Selling the existing property automatically pays off the bridge loan that is recorded against the home.
North Coast Financial is experienced with providing bridge loans throughout the state of California.
North Coast Financial, Inc.
2424 Vista Way #202
Oceanside, CA 92054
760-722-2991
jeff@northcoastfinancialinc.com
