Bridge Loans
Buy your next home before you sell this one.
A bridge loan is short-term financing secured by your current home's equity, giving you funds to purchase your next home before your existing one sells. It closes the timing gap between buying and selling so you're not forced into a contingent offer, or missing out on the right home.
Who this is for
Is this your loan?
Homeowners who need to buy before they sell.
Not sure? That's what we're here for. We price every eligible program against this one, so the comparison is done for you.
How does a bridge loan work?
A bridge loan is short-term financing secured by your current home's equity, giving you funds to purchase your next home before your existing one sells. It closes the timing gap between buying and selling so you're not forced into a contingent offer, or missing out on the right home.
What does a bridge loan include?
- Short-term financing, typically repaid at the sale of your current home
- Removes the need for a sale contingency on your new offer
- Can cover a down payment or the full purchase price on your next home
- Interest-only payment structures commonly available
Who is a bridge loan best for?
Best for: homeowners who need to buy before they sell.
Bridge Loans FAQs
Asked constantly. Answered honestly.
What is a bridge loan and when should I use one?
A bridge loan is short-term financing secured by your current home's equity that lets you purchase your next home before your existing one sells. It closes the timing gap between the two transactions and removes the need to make your new offer contingent on selling first.
What's the difference between a bridge loan and a HELOC?
Both draw on your current home's equity, but they're built for different jobs. A bridge loan is short-term financing designed specifically to fund the purchase of your next home before your current one sells. A HELOC is an open-ended revolving line you can draw on repeatedly, for any purpose, over a much longer period.
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