What a bridge loan is
A short-term loan, typically from a third-party lender, that helps you buy a new home before selling your current one.
How it’s used
It can fund a down payment or cover carrying costs until your current home sells.
Costs and risks
Bridge loans carry fees and higher rates, and depend on your equity and qualification. They’re a tool, not a giveaway.
Where Real Deal fits
We help you explore independent third-party options and then coordinate the sale of your current home.