Helping Your Buyers Move Forward—Before Selling Their Current Home!

A Simple Solution to Keep Deals Moving

Buyers who need to sell their existing home first often delay their new home purchase—or worse, back out. With a Bridge Loan from New American Funding (NAF), they can secure their new home now without waiting!

How It Works

Scenario:
✅ Buyer is purchasing a new-build home for $700,000 with 20% down ($140,000).
✅ Their current home is worth $800,000, with $300,000 owed—leaving $500,000 in equity.
✅ They don’t have cash on hand for the down payment and can’t qualify with both mortgages.

The NAF Bridge Loan Solution:

✔ NAF pays off the buyer’s existing mortgage ($300,000).
✔ NAF provides the down payment ($140,000).
✔ Total bridge loan: $440,000 + 2% fee ($8,800) = $448,800.

Why Builders Love This Program

🏡 Faster Sales – Buyers can move forward now instead of waiting to sell.
🏡 Fewer Contingencies – Eliminates home-sale contingencies that slow down deals.
🏡 Higher Closing Rates – More approvals mean fewer canceled contracts for your homes.
🏡 Builder Concessions Still Apply – Any incentives roll into the final mortgage with NAF.

Why Buyers Love It

✅ Easier Loan Qualification – Removes the old mortgage from their debt calculations.
✅ No Monthly Payments – The 10% interest is deferred until their home sells (12-month balloon).
✅ Move-In Ready – They get their dream home without the stress of selling first.

Bridge Loan Requirements

🔹 700+ credit score
🔹 Up to 80% Loan-to-Value (LTV)
🔹 Minimum loan amount: $250,000

Let’s Keep Your Sales Pipeline Moving!

This program helps buyers move in faster—without delays or contingencies.
📞 Contact us today to see how we can help you close more deals!