The purpose of a bridge loan is to “bridge” the gap between buying a new home before selling an existing home.
Bridge loan
- Qualify with both
- Sell then do a lease back
- sell then rent
- buy with both (then recast)
- HELOC
- True bridge loan
Mark Pfeiffer
Branch Manager
Loan Officer, NMLS # 729612
972.829.8639
MortgageMark@MortgageMark.com