Bridge Financing
Bridge financing is a short-term loan that lets a buyer purchase a new home before selling the current one, bridging the gap between the two transactions.
What Bridge Financing means
Bridge loans tap existing equity for a down payment on the next home, then get repaid when the old home sells. They carry higher rates and short terms. They help buyers avoid contingent offers in competitive markets.
Florida example
A move-up buyer in Sarasota used bridge financing against $150,000 of equity to buy a new home, repaying the bridge loan two months later when the old house closed.
What it is
Bridge financing is a short-term loan that helps you buy a new home before selling your old one. It bridges the gap between the two.
You repay it once your first home sells.
When it helps
Bridge financing lets you move without waiting on a sale. It costs more, so a clear exit plan matters.
We help you decide if a bridge fits your move. Reach out and we will map the timing.
Verify the details for your own situation against these government and agency sources: CFPB Owning a Home guide and HUD homebuyer resources.