If you've seen a new home but haven't sold the old one yet, contact HypotheekXperts soon so we can look into bridging mortgage options.
A bridge mortgage or bridge loan is a short-term loan that allows you to bridge the period between the purchase of your new home and the sale of your old home. You pay only interest on the loan amount and repay the loan once your old house is sold.
To finance a new house, you often need the money tied up in the old house. In today's tight housing market, it is usually wiser to buy a new house before you have sold the old one. Most people need the equity in their old house to pay for a new one, but until the old house is sold, they don't have that equity available. With a bridge loan, this money can still be used. Once the old house is sold, the loan is repaid.
A bridge loan and a new mortgage are usually taken out together because together they form the financing of a new house. The experienced mortgage advisors at HypotheekXperts can advise you on the possibilities so that you have no worries about this.
Our experienced and independent mortgage advisors can help you determine if you need a bridge loan. We look at your ability to pay, future plans and make a risk analysis so we can give you the best possible advice.
Maybe one of our other mortgage types will suit you better or you don't need a bridging mortgage at all because you are a starter and are looking for a starter mortgage. The HypotheekXperts will work with you in detail to figure out the best financing for your new home. Make an appointment soon.
Of course, the HypotheekXperts will also help you further with the necessary insurances such as a death risk insurance and/or a monthly expense insurance.
To insuranceWe can also help you with an interest-only mortgage, a linear mortgage, an annuity mortgage or a mortgage with National Mortgage Guarantee.
Free introductory meetingWould you like to know approximately how much you can borrow to buy a house? Then use the handy calculation tool on our website.
To the calculation toolCan't figure it out or have another question? Feel free to contact us and we will try to help you as soon as possible.
E-mail: Info@hypotheekXperts.nl
Whatsapp: +31 6 28691017
Calling: +31 6 28691017
Want more information or ready for an enlightening conversation? We are here to help you! Contact us for personalized, customized advice and let's work together to find the perfect mortgage and insurance for your dream home.
Make an appointment