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Compass Bridge Loan

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

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BRIDGE LOAN SERVICES

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

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.

Does A Bridge Loan Make Sense For You?

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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. If 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.

How to Find a Lender Offering Bridge Loans?

While Compass clients are encouraged to find the best lender for them, RoundPoint Mortgage Servicing Corporation is a well established industry lender who offers short-term financing and has years of experience working with Compass agents and clients.

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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. We can help.

The Mark Maimon Team
at RoundPoint Mortgage Servicing Corporation,
(A Freedom Mortgage Corporation Subsidiary)
855-915-850
thebridgeloanguy@roundpointmortgage.com

Available to serve customers in all states except MA. Coming soon. 

 

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Success story

Beth M.
 
Alison and Jason just helped me buy my first home! I will 100% be working with them again. From the house-hunting process to closing, Alison and Jason were helpful in walking me through each step and giving constructive advice. I am so glad I had such knowledgeable and available agents who really cared about helping me through this for my first home purchase. They made a very stressful process smooth and helped ease all my fears.”
 

Individual results may vary. Testimonials are not intended to guarantee the same or similar results.

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.

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Our love shows in the fact that we consistently place in the top tier of our office at Compass, and have been awarded numerous accolades for our volume of production.

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