A simple solution to bridge the gap between the home you have and the home you want

Compass Bridge Loan Services gets you access to competitive rates and dedicated support from industry-leading lenders, with the exclusive option to get up to six months of your loan payments fronted when you sell your home with a Compass agent.

What’s a bridge loan?

A bridge loan is a short-term loan that uses the equity from your current home to help you make an offer on a new one, without rushing to sell.

Our Solution

After months of research, Compass has selected lenders that are offering competitive rates and dedicated service for Compass clients. Already working with a lender you love? No problem. This unique solution lets you choose the provider that works best for you.

No out-of-pocket costs

Work with a Compass agent to sell your current home and get up to six months of your bridge loan payments and other associated costs fronted — an exclusive offering for Compass clients, regardless of the lender you use.

Does a bridge loan make sense for you?

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 other reason, a bridge loan can afford you the freedom to move on your own terms and secure a new house when you need to, without having to wait for your old home to sell.

Does your home  require renovations or other work?

Whether you’re using Compass Concierge to increase your home’s value, or are making improvements on your own, it may be easier to have construction work done when you’re out of the house. A bridge loan can help you move faster so you’re out of the house while those improvements are being completed.

How it works

01Sign an Exclusive Listing Agreement with your Compass agent to sell your current home — while you work with them to find your next dream home.

02Apply and get approved for a bridge loan with the lender of your choice.

03Ask your Compass agent about getting the first six months of your bridge loan payments fronted.

04Move into your new home while your Compass agent works to sell your current home.

05When your old home sells, simply use the proceeds to pay back the bridge loan and any fronted monthly payments.

Next step: finding a lender

While Compass clients are encouraged to find the best lender for them, Freedom Mortgage and Better.com are industry-leading lenders who offer short-term financing and are a part of Compass Bridge Loan Services.

When looking for a mortgage, it’s important to find a company that specializes in mortgages above all else, and to find a lender that can address your unique home-buying or refinancing needs, regardless of how unique your circumstances may be. That’s the Freedom Mortgage difference.

Available to serve customers in all states.

Learn More

Better.com is making homeownership simpler, faster, and most importantly, more accessible for all Americans. No commission, an easy digital process, and award-winning service are just a few of the ways Better.com is redefining what it looks like to get a mortgage.

Available to serve clients in all states except NY, MA, VA, VT, and NH. More states coming soon.

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Success story

Melissa, Seller | New York City

“We thought our former home would sell quickly. When it didn't, the bridge loan became the crucial piece that allowed us to close on the purchase of our new home. We were surprised at how quickly everything went through — it was a no-brainer.”

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