In a competitive market, a contingent offer — one that depends on selling your current home first — can be the difference between winning and losing a house you love. Bridge loans give move-up buyers short-term financing to purchase the next home before the current one closes, removing that contingency from the table.
It's a short-term tool built for a specific situation: you have real equity in your current home, and you need to move fast on the next one.
Key Benefits
Non-Contingent Offers
Make a stronger offer on your next home without needing your current sale to close first.
Access Current Equity
Tap into the equity in your existing home before it sells to fund your next purchase.
Short-Term Structure
Designed to be repaid quickly once your current home sells — not a long-term financing solution.
Reduced Moving Stress
Move on your own timeline instead of coordinating two closings on the same day.
Eligibility at a Glance
- Meaningful equity in your current home is generally required.
- Your current home is typically expected to be listed or under contract for sale.
- Strong credit and the ability to carry two properties temporarily are usually required.
- All terms subject to qualification and lender-specific guidelines.
How It Works
A Quick Conversation
We'll talk through your goals, income, and timeline to see how a bridge loan fits your plans.
Pre-Approval
Once we've gathered your documents, you'll get a clear picture of what you can qualify for — so you can shop with confidence.
From Offer to Closing
I'll guide you through underwriting, appraisal, and closing, keeping you informed at every step.
Frequently Asked Questions
How long do I have to repay a bridge loan?
Bridge loans are short-term by design — typically repaid once your current home sells, often within several months to a year depending on the structure.
Do I need my home listed already?
In most cases, yes, or at least ready to list — lenders want to see a realistic path to sale.
Is a bridge loan risky if my home takes longer to sell than expected?
It's worth planning for that possibility. We'll talk through your specific market and timeline before deciding if a bridge loan is the right tool.
Can I use a bridge loan if I haven't found my next home yet?
Some bridge loan structures are built around an already-identified purchase, while others offer more flexibility. It depends on the specific program and your timeline.
How much can I borrow with a bridge loan?
Bridge loan amounts are typically based on the equity in your current home, minus what's needed to pay off your existing mortgage, subject to lender guidelines.