What is the Portfolio Program？
A bridge loan is a short-term financing option used to "bridge" the gap until long-term financing is secured. It's commonly used in real estate to provide immediate cash flow when buying a new property before the old one is sold.
Portfolio Program Highlights
A Bridge Loan to Make a Fast, Competitive Offer on a New Home.
Quick Close! (as little as 10 days).
1) Purchase Only
2) Cash-equivalent Offer
3) 90-Day Balloon Loan
4) No Monthly Payments Required (all interest is accrued and paid at maturity)
5) Only 1.5% Origination Fee
6) Only a Desktop Appraisal is Performed
Available in AZ, CA, CO, FL, GA, IL, MD, MN, OR, TX, WA
