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 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 ...

More and more often, late government payments on grants and contracts are creating short-term funding gaps at otherwise ...

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 ...

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, ...