Bridge Loans

Short-term financing to bridge the gap between buying your new Florida home and selling your current one. Close on your new home before your old one sells.

Key Features

• Short-term loan (6-12 months typical)
• Use equity in current home to buy new home
• Close on new home before selling old one
• No contingent offers — stronger negotiating position
• Higher rates than permanent financing (bridge is temporary)
• Repaid when current home sells

Who Is This For?

• Homeowners buying a new Florida home before selling their current one
• Buyers in competitive markets who can’t make contingent offers
• Relocating families who need to move immediately

Florida-Specific Considerations

• Fast-moving Florida markets (especially South FL, Tampa) favor bridge loans
• Eliminates need for temporary housing during transition
• Florida doc stamp tax applies to bridge loan (additional cost)
• Plan for carrying two properties (taxes, insurance) during bridge period