Blog > What Is a Bridge Loan, and How Can It Help Sellers?

What Is a Bridge Loan, and How Can It Help Sellers?

by Gordon Hageman

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A bridge loan is a short-term financing option that helps sellers buy a new home before selling their current one. It provides liquidity, allowing homeowners to make a competitive offer without waiting for their existing home to close. Bridge loans carry higher interest rates and fees, so careful planning is essential. When used correctly, they give sellers flexibility, reduce timing stress, and prevent missed opportunities in a competitive market.

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Gordon Hageman

Gordon Hageman

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