What is a Bridge Loan?
A bridge loan is a short-term loan designed to help loosen tight inventory and help sellers who want to buy their desired home without having to wait to sell their existing home. Our bridge loans have a term of up to 12 months interest only on the loan, as well as fees, once their house is sold. Contact your William Raveis Executive Mortgage Banker for details. Loan approval is subject to underwriter review and may include other terms and conditions. This is not a commitment to provide a loan approval or a specific interest rate.