Sometimes the right property becomes available before your current property sells or before long-term financing is ready. A bridge loan provides short-term financing to help connect those two steps. Barren Hill Mortgage can help you explore options based on the property, available equity, and your repayment plan.

How Bridge Financing Works

Depending on the program, a bridge loan may use equity in an existing property or be secured by the property being purchased. Repayment typically comes from a property sale, refinance, or another planned source. Homeowner bridge programs and business-purpose investor bridge loans have different requirements. Eligibility depends on how you plan to use the property.

What We’ll Review

• Equity and existing mortgages.

• Purchase and sale timelines.

• Ability to carry payments on multiple loans.

• Fees, interest costs, and repayment deadlines.

• Your plan if a sale or refinance takes longer than expected.

Start With the Exit Plan

Before choosing short-term financing, understand how you’ll pay it off. We’ll help you review the numbers and identify the options available for your situation.