Bridge Loan

Overview

Bridge loans are short-term loans, typically 6-24 months, used to bridge a timing gap. Common scenarios: buying a new home before selling the current one, acquiring a property quickly while a longer-term loan is being arranged, or stabilizing a commercial asset before refinancing into permanent debt.

Because bridge loans are short and often more reliant on the property than the borrower's income, they close quickly and have more flexible underwriting — but rates and fees are higher than long-term financing. They're a tool for speed and flexibility, not for long-term hold.

Who it's for

Buyers purchasing before selling their existing home
Investors needing fast close on a competitive deal
Sponsors acquiring a value-add property to stabilize
Borrowers between long-term financing arrangements

What's typically reviewed

Equity / down payment
Clear exit strategy (sale, refinance, lease-up)
Property condition and value
Borrower experience for commercial scenarios
Reserves to carry the loan during the term

This is a general description, not a guarantee of approval. Specific requirements vary by lender and program. Final qualification is determined during underwriting.

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