DIGITAL BRIDGE FINANCING by NFTY DOOR
Fortuna can provide our lending partners with a SAAS offering which immediately enables that lender to offer bridge financing to their homebuyers who have signed up for the Fortuna HSA product.
What is a bridge loan?
A bridge loan is a short-term loan used to “bridge the gap” between buying a new home and selling your current home. When you buy a new home before you sell, you don’t not have the profit from the sale to apply to your new home’s down payment. Many people depend on this money to buy their new home. If this is the case, you can apply for a bridge loan to help finance a home purchase!
How do you get started?
You can apply for a bridge loan with our partner NFTY Door. Although terms may vary, it’s standard to borrow a maximum 80 percent of both your home’s value and the value of the home you wish to buy.
THE PROCESS
PRE– QUALIFY
Complete a few short questions to get an instant pre-qualification.
VERIFY
We will validate the details provided in your completed application.
CLOSE
Select a time to sign with an online notary, then we’ll fund your account.