house and piggy bank

What is a Bridge Loan?

Meghan Henderson Home Buyer Tips Leave a Comment

A bridge loan is a short-term loan, typically 6-12 months, that allows for payment of expenses while waiting for long-term financing. It acts like a “bridge” between two loans. In real estate, a bridge loan can cover expenses (closing costs, down payment, etc.) you would usually pay with the proceeds of your home’s sale to secure a mortgage on a …

Melanie Cameron - New FHA Loan Limit

2019 FHA Loan Limit Increase | Home Buyer Tips

Melanie Cameron Home Buyer Tips Leave a Comment

 Realtor Melanie Cameron of The Cameron Team at Coldwell Banker Sea Coast Advantage in Wilmington, NC, shares the recent announcement from the Federal Housing Administration on loan limits in 2019. Great news! They’re increasing. Watch the video to learn more. Get more great tips in our 60-page Buyer Guide. Also, shout out to Joey Milam at Alpha Mortgage for …