FinancingIntermediate

What Is Bridge Loan?

A bridge loan is a short-term loan that lets a homeowner or investor access equity in a current property to fund a new purchase before the current property sells.

Most useful for: Repeat Buyer · Homeowner

At a Glance

Bridge Loan

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Definition

Plain-English meaning

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Related Terms

2 connected concepts

Related Terms

Hard Money Loan Home Equity

More Financing Terms

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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.

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