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You’ve made the decision to purchase or build a new home, however your present home hasn’t sold yet. A Bridge/Blanket Loan with Citizens First is designed for those who want to use the equity in their present home to purchase or build a new home prior to the sale of their present home.
Bridge/Blanket Loan Details
- One loan and one loan closing. No second closing or refinancing upon sale of previous residence.
- May be possible to purchase or build a new home with no out of pocket cash.
- No income limit.
- 0-3 point rates available.*
- Low closing costs.
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