A bridge loan lets you buy your next property before selling the one you own, which matters when a good deal will not wait for a contingent offer to clear. This category explains how bridge financing actually works: how much equity you can access from the departing property, how carrying costs on two properties are handled, and how a bridge loan compares to hard money when both are short-term options. It is aimed at homeowners upgrading their primary residence and investors who need to move fast on an acquisition. Start with the bridge loan program page for the core terms, then read the guide comparing bridge loans against hard money if you are not sure which short-term option fits your specific situation.
Bridge Loans vs. Hard Money Loans for Investors: What's Actually Different
Bridge and hard money loans overlap, but the deal structure matters more than the name. Compare collateral, rehab draws, exits, and risks.