Bridge Loans

Bridge loans are our most popular type of portfolio loan, offering a convenient, short-term financing option for individuals or families who need buy a house before they’ve sold their existing one.

Bridge loans can help you if you don’t qualify for two mortgages, or if you do qualify but don’t want to make two mortgage payments at the same time. Through a bridge loan, you can also use the equity in your current home as a down payment for your new home. These loans can also help to avoid situations like moving twice in a short period of time, and help to relieve the stress involved with selling your current home before you buy a new one.

• May not require a down payment
• No pre-payment penalties
• Payments on your new home deferred for up to 6 months
• Allows you to make a non-contingent offer on a new home