← Back to glossary
Mortgage glossary
Bridge Loan
Short-term financing that may help cover the time between buying one property and selling or refinancing another. It may use available equity as part of the transaction. Rates, fees, payments, and risks vary, so the full terms should be reviewed carefully.
In plain language
This term may appear in conversations, forms, or documents during the mortgage process. If something important changes in your situation, ask how it may affect your case before making a decision.
This explanation is general and educational. It is not personalized advice, a loan offer, or a promise of approval.