Ready to buy but need time to sell? Move on your terms with a Transitional HELOC.
When you work with Colorado Landmark Realtors, you get access to the Transitional Home Equity Line of Credit (HELOC) program from Elevations Credit Union, the No. 1 credit union mortgage lender in Colorado.
With this customized short-term loan that’s similar to a Bridge Loan, you get access to the equity in your current home so you can make an offer on your next home — without rushing to sell. After your home is sold, the proceeds are applied to pay off your Transitional HELOC.
While Elevations tailors each loan to the buyer’s needs and best interest, consider a Transitional HELOC if:
