It's simple.

A Windermere Bridge Loan SM from the Washington Loan Company, Inc., lets you buy real estate when you find it.

It gives you a stronger negotiating position by enabling you to make an offer on a home free of contingencies, so your offer is more likely to be accepted and close quickly.

Best of all, you don't have to risk losing your new home while waiting for your own property to sell.

It's fast.

Windermere understands time is critical to successful real estate transactions, so it has made the application process easy. You complete a brief application form and Windermere handles the rest.

Lisa Bibb Welch will perform a Comparative Market Analysis on your home to determine its current market value. You can borrow as much as $250,000 depending on the location of your home and your total equity. The amount you owe on your home, plus the bridge loan, should equal no more than 75 percent of the value of your current home. Exceptions are reviewed case by case.

You'll receive your bridge loan approval within a few days, after the equity in your current home is verified and our preliminary title report is reviewed by Washington Loan Company. That's all it takes.

It's inexpensive.

Windermere Bridge Loan SM fees and interest rates are very competitive. The interest rate is Seafirst Bank's prime rate plus one percent. The loan fee is just one percent of the loan amount. You have the option of making interest-only payments, either monthly or quarterly. Or, if you prefer, you may defer all payments until your loan is repaid. The loan term is nine months or when your home sells and closes, whichever comes first.

It works. Thousands of Windermere home buyers and sellers have made real estate transactions work by using the Windermere Bridge Loan SM. Many borrowers -- whose homes sell before closing on their new properties -- never actually need the funds. No other real estate company has a bridge loan like this. It's available exclusively to Windermere buyers and sellers because Windermere wants you to be able to buy your new home when you find it.