Who’s a Good Fit for a Bridge Loan
Homeowners who found the next house and need equity from the current one before it closes. Investors who need a short runway between purchase and a DSCR or conventional takeout — see DSCR and investment property. People who understand this is temporary debt with a plan, not a “set it and forget it” 30-year.
If you only need equity and you are keeping the house long-term, compare HELOC and cash-out refinance. If you are flipping, also read fix-and-flip and hard money.
How a typical homeowner bridge works
You have a house to sell and a house to buy. The bridge (or a related structure) lets you close on the purchase using equity that is still tied up. When the sale of the first house funds, the bridge gets paid off. Exact structures vary by lender — cross-collateral, equity advance, or a short-term second. I will not print a max LTV or a rate here.
Investor bridge-out
Sometimes the bridge is the gap between acquisition and a longer rental loan. When the rent has to carry the permanent loan, the takeout conversation is usually DSCR. Not every purchase qualifies for a clean bridge.
What this is not
Not a permanent rate-and-term refinance. Not a HELOC you keep for years. Not a guarantee you can buy before you sell in every situation.
Honest: timing risk is real. If the first house sits, the bridge still has to be serviced. We talk about that before you commit.
What I need from you
Apply, then tell me both properties (or the investor exit plan). Credit, equity, and the timeline matter. You don’t have to decide bridge vs HELOC vs cash-out alone — that’s what I’m here for.
Purchase, refinance, and most programs: Apply opens my Bevri application. Prefer to talk first? Use Talk to Michael. I’ll walk you through the program and the guidelines.