Bridge Financing
Short-term financing that bridges a gap, commonly until longer-term financing or a sale closes.
Common Uses
- Buying before selling an existing property
- Timing a purchase with a sale
- Interim project funding
General Characteristics
- Short terms, often months to a couple of years
- Higher rates than conventional loans
- Secured by real estate
Potential Provider Types
- Private lenders
- Mortgage brokers
- Alternative lenders
Important Considerations
- Higher cost than long-term options
- Clear exit strategy is essential
- Risk if the expected sale or refinance delays
This information is general and educational only. Eligibility, rates, fees, and terms vary by provider and are determined solely by the provider. Trio does not assess whether you personally qualify for any financing.
Related Financing Strategies
Structured strategies connected to this subcategory, with how it works, pros, cons, bookmarking, PDF export, and comparison.
Trio Marketplace is not a financial institution, lender, mortgage brokerage or financial advisor. Trio does not provide, approve, arrange or guarantee financing. Financing products and services are provided by independent third-party providers. Eligibility, rates, fees, terms and approval decisions are determined by the applicable provider.