What Is a Bridge Loan?

A Bridge Loan is a short-term financing solution that lets you use the equity tied up in your current home to:

  • Make a down payment on your next home
  • Cover moving or closing costs
  • Prepare your existing home for sale
  • Reduce financial strain between transactions


This means you can buy first, then sell, instead of juggling two timelines at once.

How the Bridge Loan Process Works

1. Work With Your Preferred Agent & Lender
You continue working with your trusted real estate agent and primary lender. The bridge loan provider coordinates with them to ensure a seamless experience.

2. Apply for Your New Home Mortgage
You’ll apply for your new mortgage with your primary lender, just as you normally would.

3. Confirm Eligibility & Access Your Equity
Once approved, you’ll learn how much of your home equity you can access. These funds can be used for down payments, debt repayment, moving expenses, or home preparation costs.

4. Make Competitive Offers & Move In
With bridge financing secured, you can make stronger, non-contingent offers and move into your new home before selling your old one.

5. Prepare & List Your Current Home
Use available funds to handle repairs, updates, or staging so your home is positioned to sell for top value on the open market.

6. Sell Your Home & Close the Loop
Once your existing home sells, the bridge loan is automatically paid off — completing the process smoothly and efficiently.

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Why Use a Bridge Loan?

✔ Buy without a home-sale contingency
✔ Avoid rushed or discounted home sales
✔ Unlock equity without refinancing
✔ Move once, on your timeline
✔ Compete confidently in tight markets

 
 

Is a Bridge Loan Right for You?

A bridge loan may be a great fit if you:

  • Have significant equity in your current home
  • Want to buy before selling
  • Are moving within a competitive market
  • Prefer certainty and flexibility during your transition

Our team will help you evaluate whether this option aligns with your financial goals and housing plans.

Start Your Home Transition With Confidence

At Pathways Home Group, we believe your move should happen on your timeline — not the market’s pressure.

📞 Let’s talk through your options and see if a bridge loan makes sense for your next move.

👉 Schedule a consultation today and take the next step with clarity and confidence.

 

Minnesota Real Estate
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