Hurst Lending, a full-service mortgage lending company based in Dallas, TX, now offers a wholesale bridge loan program for Mortgage Brokers. This wholesale lending program allows you to close more deals using our portfolio Bridge Loan products.
All of our programs are structured so that we provide the bridge loan and you get the long term permanent loan for your clients. We will protect your interest and pass the client back to you so you can help your client refinance out of the bridge loan when they are ready.
With our full suite of bridge loans, you can offer short-term bridge loans to customers in a wide range of situations. When the need for a bridge loan has passed, you can then move the customer into a long-term, permanent loan. We specialize in offer unconventional loans including:
Help your clients who have equity in an old home that has not sold and who want a short term bridge loan so they can purchase a new home.
Bridge Loan for a Buyer Who Needs to Close Quickly
Help buyers who want to make a cash offer or who need to close very quickly to beat out other buyers by using a short term bridge loan.
Bridge Loans for Self-Employed Borrowers (with less than 2 years of tax returns)
Help self-employed & 1099 Buyers who have less than 2 years of self-employed income by using a bridge loan to buy now. You can refinance them after they get 2 years of self-employed income history.
Retired and Fixed-Income Buyer Bridge Loan
Help retired borrowers who have substantial equity in their old home but who are on a fixed income and therefore don’t qualify for a conventional loan. These buyers can use a bridge loan to buy a new home now and pay off the bridge loan when their old home sells.
“My Buyer Fell Out” Bridge Loan
If your client had their house under contract and their buyer fell thru, they can use a bridge loan to go through with the purchase of their new home. This program is designed for borrowers who don’t quite have enough income to meet conventional loan ratios.
Real Estate Investor HELOC/Line of Credit
Help investors who need to close quickly with a cash offer (for experienced real estate investors).
We Look Out For You
The most important feature of our wholesale bridge loan program is that we look out for your long-term interests. We provide the bridge loan, and you get the long-term permanent loan (just help your client refinance out of the bridge loan once they are able to qualify for a conventional loan). We are an established family business, and our hallmark is building long-term relationships. We want to partner with you to help you close more deals, year after year.
To become an approved broker, please contact:
Phone Number: 214-850-5146