How to buy a new Frisco, Plano or Mckinney home without selling your current home first.  Are you thinking of buying a new Frisco, Plano or Mckinney home? If you are and you have a Frisco, Plano or Mckinney home to sell, you might worry about how to coordinate that. Buying and selling simultaneously can be stressful. Wouldn’t you rather buy a new Frisco, Plano or Mckinney home and then take your time moving? But you need the equity in your existing home for the down payment on the new Frisco, Plano or Mckinney home.

Hi my name is Richard Woodward, Manage of specialty lending programs for Service First Mortgage. I’ve been providing Frisco, Plano and Mckinney home buyers with the best possible mortgage programs for over 17 years. I may have the answer to your buying and selling dilemma. Ultimately my goal is to provide you the best possible home loan possible and our propriety Service First Bridge Loan helps solve that problem.

Our bridge loan program allows you to take out the equity you will need from your existing home to use for the down payment and closing cost of your new home. Close on your new Frisco, Plano or Mckinney home and then take your time to sell your existing home.

The benefits to you are you can better control your move schedule, plan for your new mortgage payment, possibly avoid mortgage insurance, and perhaps most importantly in this tight sellers market, make your offer more attractive to buyers by not making your offer contingent on the sell of your existing home.

By not making your offer contingent upon the sell of your existing home, you are more likely to negotiate the best price on your new home or beat out your competition.

To learn more about this program, call me at (214) 945-1066 or apply online now here.

How to use a Bridge Home Loan to purchase your next home without selling your existing home.

Richard Woodward
Branch Manager
NMLS: #217454

6800 Weiskopf Avenue | Suite 200
McKinney, TX 75070
rwoodward@servicefirstmtg.com

Office: 214-945-1066
Cell: 972-814-3587
Fax: 214-945-1061

Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration. Service First Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualification. Rates and fees are subject to change without notice.