Welcome to Georgia Construction loans

Georgia Bridge Financing Made Easy!

The perfect financing for the transition to your new home.

Want to access equity in your current home ...to use as down payment on your dream home?

Don't wait to sell your old home before building your dream home. You can access equity in your current home with a georgia bridge loan to use as the down payment on a Construction-to-Permanent Loan.

Your Bridge Loan is not due until your new home is finished or you sell your existing home.

Here is how it works:

Bridge Mortgage amount calculation:
Appraised value × 80% less existing liens = maximum bridge loan amount

Minimum loan amount of $75,000

Maximum loan amount of $417,000

Principal & interest payments are due monthly at prime + 1/2 % amortized for 30 years with a 12 month balloon.

6 months of Bridge with interest payments can be financed into the loans. Subject to maximum combined loan to value of 80%. Principal payments must still be made .

Home must have been borrower's primary residence for at least 12 months.

Must be listed for sale by a professional real estate company. Copy of listing agreement required .

All proceeds must go towards new home construction. NO cash out allowed for moving expenses, home improvements or debt consolidation.

Loan on new house closes when bridge loan funds.

not applicable PITI reserves required