There aren’t many options for homeowners trying to buy and sell a home at the same time. As the name suggests, a bridge loan helps homeowners “bridge” the financial gap between buying a new home and ...

Buyers can get immediate access to the equity in their current property. Rocket Mortgage, the nation’s largest mortgage lender, has introduced a new bridge loan product aimed at helping homeowners buy ...

Bridge loan expert Sofia Nadjibi looks at consumers’ biggest objections and misconceptions about bridge loans, so you can help steer them in the right direction. In reality, however, bridge loans are ...

A bridge loan is a form of short-term financing that can cover the gap between buying a new home and selling your current one. While bridge loans are used in a variety of fields, in the real estate ...

Bridge loans offer short-term financing when you want to use your proceeds from selling a home to buy a new one. They typically have higher interest rates compared to traditional mortgages. A bridge ...

If you are buying and selling a house simultaneously while on a budget, you likely have all your fingers and toes crossed that the timing works out just right. But what happens if the perfect house ...

In October 2024, Brenda and her husband from Dallas made what she now calls a “dumb, dumb, dumb decision.” The couple took out a bridge loan at a staggering 10.99% interest to purchase a new property, ...