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Investing · program 11 of 20

Bridge Home Loan

A bridge loan lets you make a non-contingent offer on your next home using your current home's equity — even before it sells.

  • Short-term financing to buy your next home before your current home sells.
  • Illustrative — this lender is fictional and cannot lend

What it is

What a Bridge Home Loan actually is.

Bridge loans solve one of the most stressful problems in real estate: needing equity from your current home to buy the next one — but not being able to sell first.

With a bridge loan, you tap up to 80% of your current home's equity to use as down payment on the new home. Then you sell on your own timeline, and the bridge is paid off from the sale proceeds.

It's short-term financing, so rates are higher than a traditional purchase loan. What you are buying with that premium is the ability to make a non-contingent offer, which in a competitive market is often the difference between a contract and a lost bid.

Who it suits

Borrowers this program is built for.

None of these is a rule, and matching every line does not qualify anybody. They are the situations where this program tends to be the one worth pricing first.

  • Move-up buyers in competitive markets
  • Sellers who need their equity for the next purchase
  • Buyers who can't make contingent offers
  • Anyone facing tight purchase + sale timing

What it gives you

The parts that make it worth choosing.

Buy Before You Sell

Tap up to 80% of current home's equity for the next purchase.

Non-Contingent Offers

Make offers without a home-sale contingency — much stronger in competitive markets.

Short Term

Typically 6–12 months, paid off when current home sells.

No Income Verification (some programs)

Asset-based bridge programs ignore W-2 income.

How the process runs

4 stages, in order.

This is the shape of a real file, written for a demonstration. Any timeline, fee or turnaround named below is invented for the example and is not a commitment — no step here can actually be started, because Copperline Home Loans does not exist and holds no license.

  1. Equity AnalysisWe estimate available equity in your current home.
  2. ApplyStandard application focused on equity and exit plan.
  3. Close on BridgeBridge loan funds before or simultaneous with the new home purchase.
  4. Sell & Pay OffWhen current home sells, the bridge is paid off from proceeds.

Questions

What people ask about this one.

What does a bridge loan cost?
Bridge pricing commonly runs a point to three points above a standard purchase rate, plus closing costs. Because the term is months rather than decades, the dollar cost is smaller than the rate suggests — but it is a real cost, and it is paid whether or not the sale goes smoothly.
How long do I have to sell?
Most bridge loans give you 6–12 months. Extensions are available if needed.
Can I have two mortgages at once?
During the bridge period, yes. Our underwriters confirm you can carry both temporarily.
What if my home doesn't sell?
The usual exit is a refinance into a long-term loan, which is why any lender underwrites the exit before it writes the bridge. A bridge loan without a credible exit is the situation to avoid.

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