A simple solution to bridge the gap between the home you have and the home you want
A bridge loan is a short-term loan that uses the equity from your current home to help you make an offer on a new one, without rushing to sell.
Does a bridge loan make sense for you?
Is your money tied up in the equity of your current home?
If you want to move but your money is tied up in the equity of your current house, a bridge loan can help you secure funding to facilitate the transition to a new home — like for a down payment or mortgage payments. Once your current home sells, you can use the proceeds to pay the bridge loan back.
Do you need to move within a specific timeframe?
If you’re relocating for a new job or other reason, a bridge loan can afford you the freedom to move on your own terms and secure a new house when you need to, without having to wait for your old home to sell.
Does your home require renovations or other work?
Whether you’re using Compass Concierge to increase your home’s value, or are making improvements on your own, it may be easier to have construction work done when you’re out of the house. A bridge loan can help you move faster so you’re out of the house while those improvements are being completed.
How to find a lender offering bridge loans?
When looking for a mortgage, it’s important to find a company that specializes in mortgages above all else, and to find a lender that can address your unique
home buying or refinancing needs, regardless of how unique your circumstances may be. We can help.
855-MM-BRIDGE (855-662-7434)
[email protected]
Company NMLS #35286
Licensed In: CA, CO, CT, DC, DE, FL, GA, MA, MD, NC, NH, NJ, NY, OH, PA, RI, SC, TN, TX, VA, WA (more coming soon)
Learn how I can help sell your home faster and for a higher price with Concierge.
Tony Knott
Realtor® | DRE# 01250079
[email protected]
+1 (805) 451 32 62
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Work With Tony
Whether you’re buying or selling a property, Tony Knott has the expertise, resources, and connections essential to be successful in this competitive market. Reach out today for a personal consultation.
