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[Music] Meet the Millers with two young children theyve outgrown the home they bought five years ago before kids most of their net worth is tied up in their home so they need Equity from their house for a down payment but they want to move quickly to secure their 1.5 million dollar Dream Home their realtor says the purchase Market remains competitive and the seller isnt entertaining offers with contingencies the Millers called their loan broker who suggested lynchers Bridge financing program lynchers Bridge financing program lets the Millers tap into the equity in their current or departure home to use it as a down payment on the new home they can buy their new home before selling their old home whats more theyll have no monthly payments on the bridge financing The Millers current or departure home value sits at one million dollars it has an existing mortgage of three hundred thousand dollars a total Equity of seven hundred thousand dollars lynchers Bridge financing allows LTV up