Compass Bridge Loan Services gives you the financial flexibility to make an offer on your next home without waiting for your current one to sell.
Compass Bridge Loan Services provides you access to competitive rates and dedicated support from industry-leading lenders, along with the exclusive Bridge Loan Advance option, provided by Notable, to get up to six months of your loan payments fronted when you sell your current home with a Compass agent.
Already working with a lender you love? No problem. This unique solution lets you choose the provider that works best for you.
When you work with Casey O'Neal to sell your current home, you’ll have the option to get up to six months of your loan payments fronted — an exclusive offering for Compass clients. That means you’ll have no out-of-pocket costs for the first six months of your bridge loan during your transition between homes.
Could a bridge loan be right for you?
If you answer ‘yes’ to any of the following questions, it just might be.
Is your money tied up
in your current home?
If you need to move but your money is tied up in the equity of your current house, a bridge loan can help you secure funding to facilitate the transition to a new home — like for a down payment or mortgage payments. Once your current home sells, you’ll use the proceeds to pay the bridge loan back.
Do you need to move
within a specific timeframe?
If you’re relocating for a new job or your dream home just came on the market, a bridge loan can afford you the freedom to move on your own terms and secure a new home when you need to, without having to wait for your old home to sell.