In this conversation, Blair Armstrong and Sean La Rue discuss bridge financing in the real estate market. They explain how bridge loans can be used by homeowners who need to sell their current property in order to buy a new one. They discuss different options for bridge financing, including using equity from the current home as a down payment, excluding the monthly mortgage payment from debt-to-income ratios, and leveraging all of the equity in the home. They emphasize the importance of working with a knowledgeable mortgage officer to explore the various options and make informed decisions. They also highlight the current state of interest rates and the potential benefits of taking advantage of the current market conditions.
#loans
#bridgeloan
#bridgeloans
#homeloans
#homebuyers
#homeselling
#homeseller
#optionsbuying