Feeling stuck with equity in your home? The Cross-Collateralization Loan Program might be your solution! This type of loan program allows you to leverage your current home’s equity as a down payment for a new one, managing one loan and one payment across two properties. Once your old home sells, the loan balance adjusts, recalculating the payment based on the new balance and often lowering your interest rate without refinancing. Ideal for high-end properties, this program offers a 30-year fixed loan with rates in the mid 6% range that will be reduced by a quarter percent once your old home is sold.
Learn more about The Cross Collateral Loan Program.
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
