Bridge Loan

Person holding a small house model in one hand and a set of keys in the other, both hands visible on a white background.

How to Use a Bridge Loan to Avoid Contingent Offers

A bridge loan allows homeowners to access their current home’s equity to make a down payment on a new home, eliminating the need for a sale contingency. By providing quick funding (5-15 business days) to cover the down payment and closing costs, these loans strengthen your offer, making you a

A woman sits at a desk reviewing documents, with a small model house and keys in the foreground—illustrating the careful steps involved in the Bridge Loan Refinancing Timeline.

How Long Can You Hold a Bridge Loan Before Refinancing?

Bridge loans are short-term financing solutions typically held for six months to two years, with many lasting up to 12 months. These loans bridge the gap between purchasing a new property and selling an existing one, often requiring repayment within this timeframe, though some may offer 90-to-120-day extensions. Bridge loans

Bridge Loans Explained: Your Complete Guide to Short-Term Home Financing

Table of Contents Key Takeaways What Is a Bridge Loan? How Do Bridge Loans Work? Common Features of Bridge Loans Bridge Loan Uses Buying Before Selling Competing in Hot Markets Fix-and-Flip or Investment Properties Cash Flow for Renovations Understanding the Structure and Repayment of Bridge Loans Advantages and Disadvantages of