Bridge Loans in Texas: How to Unlock Home Equity to Buy Before You Sell
HomeLight
SEPTEMBER 25, 2023
You can then make a strong offer on your next home with no home sale contingency. A bridge loan for a real estate transaction is a short-term loan that enables homeowners to purchase a new home before their current home sells. That lender may calculate your debt-to-income ratio (DTI) to qualify you for a bridge loan.
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