Bridge Loan Silver City NM

Looking for Bridge Loan in Silver City? We have compiled a list of businesses and services around Silver City that should help you with your search. We hope this page helps you find Bridge Loan in Silver City.

Bank of America - Silver City Motor Branch
(800) 432-1000
119 11th Street
Silver City, NM
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Wells Fargo - Silver City Main Branch
(866) 245-3452
1201 N Pope Street
Silver City, NM
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided By:
Bank of America
(575) 388-1903
119 W. 11th Street
Silver City, NM
Type
Banking Center

Bank of America - Bayard
(575) 537-3337
608 Winifred St
Bayard, NM
Type
Banking Center
Services
Banking Center Services: Change Order, Commercial Deposits, Night Deposits, Drive Up
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-12
Tuesday 9-12
Wednesday 9-12
Thursday 9-12
Friday 9-12
Saturday Closed
Sunday Closed
Drive Up Hours
Monday 12-4
Tuesday 12-4
Wednesday 12-4
Thursday 12-4
Friday 12-5
Saturday Closed
Sunday Closed

Fort Bayard Fed Credit Union
(575) 537-3014
1 Main St
Fort Bayard, NM

Data Provided By:
Bank of America - Silver City Main Branch
(800) 432-1000
1203 North Hudson Street
Silver City, NM
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Wells Fargo - Silver City Main
(575) 956-1501
1201 N Pope St
Silver City, NM
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-01:00 PM
Sun Closed

Bank of America - Grant County
(575) 388-1903
1203 N. Hudson St.
Silver City, NM
Type
Banking Center
Services
Banking Center Services: Change Order, Commercial Deposits, Night Deposits
Outdoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Drive Up, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-4
Tuesday 9-4
Wednesday 9-4
Thursday 9-4
Friday 9-5
Saturday 9-12
Sunday Closed

Chino Federal Credit Union
(575) 388-2511
2290 E Superior St
Silver City, NM

Data Provided By:
Bank of America - Montgomery Boulevard Branch
(800) 432-1000
11201 Montgomery Boulevard, N.E.
Albuquerque, NM
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

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What Is A Bridge Loan?

Answer:
A bridge loan is a common way that people will finance the gap between the purchase of their new home and the sale of their old one.

Sometimes you will be able to get a contingency where they will wait to close until your home sells, but not always.

These loans are meant to be temporary loan that are intended to bridge the gap so that you do not have to close on the mortgage. You will receive a renewable loan for a period of months to give you some grace period. This loan will be tied to the buyer’s existing home.

However, there are some things to keep in mind when considering whether you want to try one of these bridge loans for your next home purchase. For one, keep in mind that these loans are usually more expensive than a home equity loan. Also, the bank will need to qualify you to be able to own both homes, so not many people will qualify for this position. Also, bear in mind that trying to stay on top of two mortgage payments can add quite a bit of stress to your finances. This is not a loan that should be taken lightly.

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