Bridge Loan
If you are moving into a Continuing Care Retirement Community (CCRC) or Life Plan Community like Bayview, Covenant Shores, Emerald Heights, The Hearthstone, Horizon House, Judson Park, The Kenney, Mirabella, Skyline, Timber Ridge, Parkshore or Parkshore Juanita Bay, we offer a bridge loan program that allows you to pay your entrance fee and move into your new community before selling your current home.
We’ll help coordinate the timing of your move and home sale to make the transition as simple and stress-free as possible. Our typical client uses the loan for just two to three months.
Its fast and its easy with quick processing
Up to $1,000,000
No monthly payments during the loan term
One of the few loan options that can cover the entrance fee of a community
Move to your new community and sell your home later
Local Windermere contact in Seattle
Terms:
Up to 75% of the value of your home
1.5% origination fee
Up to a six-month loan term