Buying a new home while trying to sell your current one can be tricky, especially when you need the equity in your existing home to make your next purchase. That’s where The Merrimack’s new Bridge Loan can help! This short-term financing option allows eligible homeowners to use the equity in their current home to help purchase their […]
Before You Lower the Price, Consider a Rate Buydown!
When a listing isn’t moving, a price reduction is often the first consideration. But there’s another option worth exploring: a temporary mortgage rate buydown. Rather than lowering the asking price, sellers may be able to contribute toward reducing a buyer’s mortgage payments during the first few years of their loan. Depending on the mortgage program, temporary buydown options […]