1.
Find your next home.
Shop and make your offer without waiting for your current home to sell.
2.
The bridge loan pays off your current mortgage.
It refinances your existing loan into a 12-month bridge note and frees your equity for the down payment on your new home.
3.
Nothing is due until you sell.
There are no monthly payments. Interest accrues at a fixed rate and is paid with the principal when your former home sells, or at month 12, whichever comes first.
4.
Buy the new home and move once.
Then list your former home when it shows best: empty, staged, on your schedule. No backup offer, no discount: it sells at market.
5.
The sale pays off the bridge.
Principal and accrued interest are paid from the sale, and the remaining equity is yours. Need more time? One renewal of up to 12 months is available, subject to lender approval.
Subject to qualification. See Disclosures for representative APR and full repayment terms.
1.
The loan refinances your current mortgage.
It includes a check at closing sized to what you need. Everything is financed, so nothing is due at closing.
2.
You make twelve interest-only payments.
One fixed monthly payment for the 12-month term, with no prepayment penalty if you exit early.
3.
You exit into a standard refinance when the bank says yes.
That exit is the plan, and we ask you to name it upfront. One renewal of up to 12 months is available if you qualify and need it, subject to lender approval.
Subject to qualification. See Disclosures for representative APR and full repayment terms.
1.
Submit the deal.
Property address and photos, purchase contract or payoff, as-is value support, entity documents, and your exit. Brokers welcome; borrower-paid compensation honored.
2.
Get an answer fast.
Every submission gets a quick answer and a term sheet: 11% fixed, interest only, 2 points, up to 70% of as-is value, 12-month term.
3.
Close and fund.
First lien only, entity borrowers preferred, non-owner-occupied 1-4 unit property in WA, OR, and CO.
4.
Exit on your timeline.
Sale, refinance, or takeout, named at closing. Extensions available if the project runs long. No prepayment penalty.
Business-purpose loans only. Not consumer credit.
