BRIDGE LOAN SERVICES

BRIDGE LOAN SERVICES

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.
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Bridge Loan Advance

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?


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.*

Do you need to move within a specific timeframe?


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 your home require renovations or other work?


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.*

How it works

1. Work with your Compass agent to search for your next dream home.

2. Get pre-approved for a bridge loan with a lender of your choice, such as Better.com or Freedom Mortgage.

3. Learn more about getting the first six months of your bridge loan payments fronted via the Bridge Loan Advance by Notable.

4. Sign an exclusive listing agreement with your Compass agent to sell your current home.

5. f needed, use your bridge loan to purchase and move into your new home while your Compass agent works to sell your current home.

Use Compass Concierge home improvement services to sell your home faster and for more money.

6. When 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.

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.

844-875-1234
bridgeloans@better.com


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

More states coming soon.


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.

855-915-8500
bridgeloans@freedommortgage.com


Available to serve customers in all states.

Success story

JEFF S.

I've found that people who excel at one thing usually excel at another. This is abundantly true of Pat Brown. He applies to his real estate business the same drive and commitment that propelled him to the status of world-class athlete. The result is excellence - and exceeded expectations - at every turn.
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Individual results may vary. Testimonials are not intended to guarantee the same or similar results.


*The Bridge Loan Advance for Compass clients is a loan provided by Notable Finance, LLC, NMLS# 1824748 and is available to all eligible Compass clients working with the Bridge Loan lender of their choice. Loan eligibility is not guaranteed and all loans are subject to credit approval and underwriting by Notable. Loans made or arranged pursuant to a California Finance Lenders Law license. Compass is not a lender and is not providing loans as part of Compass Bridge Loan Services.

Information regarding lenders which offer short-term Bridge Loan financing is provided for informational purposes only and does not constitute an endorsement of the particular lenders referenced. Compass cannot guarantee that these institutions will be able to assist and does not assume any responsibility as to the performance of services to be provided by these institutions. There are no requirements that you participate in the Compass Bridge Loan Services or obtain a loan from these providers to participate in any other Compass programs (such as Compass Concierge). Speak to your Bridge Loan lender about all the costs you may be responsible for in connection with your Bridge Loan.

WORK WITH US

As a Compass founding agent, Patrick has assembled a team that puts the client first. The Patrick Brown Group provides an edge when helping clients navigate through buying and selling luxury homes, assessing new developments, or designing their dream home from the ground up. Our resourceful in-house team has the knowledge and flexibility to provide our clients with the best service possible.

CONTACT US