BRIDGE LOANS

Navigating the housing market and moving into your dream home can be challenging, especially when you’re waiting for your current property to sell. Bridge loans can offer a seamless transition without the hassle of contingent offers, multiple moves, and the risk of missing out on your dream home. A bridge loan is a two-step offerings that allows the current primary residence house payment to be excluded in qualifying for the new home purchase.

We offer two loan programs that allow you to qualify (and CLOSE!) on a new primary home purchase BEFORE your departing residence is sold! Which one is right for you?

All loans are subject to underwriting or investor approval. Some restrictions may apply and there are certain fees associated with this product. This is not an offer of credit or a commitment to lend. Guidelines and products subject to change. Consumer must complete conversion refinancing with Thrive Mortgage. Property eligibility limited to primary residence single family, 1-unit properties only. Non-occupant co-borrowers are not allowed. Program is not available for VA or USDA conversion loans. Not available for manufactured housing, condominium units, or properties with two or more units. Rates and terms may vary depending upon risk analysis, collateral, and other factors. These programs are not available in all states. Please reach out to your Thrive Mortgage loan officer for details. 2024.