Bridge Loans Homebuyers Guide

Buy Before You Sell: What You Need to Know About Bridge Loans

Let’s talk about one of the biggest dilemmas homebuyers face: “How do I buy my next home without selling my current one first?”

If that question has ever stressed you out, you’re not alone—and the good news is, there’s a solution: Bridge Loans.

🏠 What’s a Bridge Loan?

A bridge loan is a short-term financing option that helps you “bridge the gap” between buying your new home and selling your current one. Instead of waiting around for your house to sell (and potentially missing out on your dream home), you can tap into your home’s equity now and make a non-contingent offer.

Translation? You can buy before you sell, without all the usual chaos.

⚡ Why It’s a Game-Changer for Buyers

CMS Mortgage Solutions offers a Bridge Financing Program that gives you a serious edge in today’s market:

✅ No home sale contingency: Your offer stands out.
✅ No double mortgage payments: One less thing to stress about.
✅ No monthly payments: Just a single balloon payment due when your current home sells.
✅ Use your equity now: Perfect for that down payment on the next place.

📊 How It Works (Let’s Break It Down)

Let’s say your current home is worth $500,000 and you owe $200,000 on your mortgage. That leaves you with $300,000 in equity.

Here’s what happens:

You get approved for a bridge loan up to that $300,000 equity.
Use that cash for the down payment on your next home.
Move into your new place without worrying about overlapping mortgages.
Sell your current home at your pace—and pocket the rest of your equity once it closes.

👉 Real-life scenario:

New home purchase price: $750,000
Bridge loan equity: $300,000
Liquid assets: $10,000
Final loan amount: $440,000

Boom. You’re in your new home—no waiting, no juggling, no compromises.

💡 Additional Perks with CMS

CMS Mortgage Solutions takes it even further:

Get pre-qualified in 24 hours or less.
Unlock your home equity with a transparent, algorithm-based evaluation.
List your current home vacant, which means top dollar and less hassle.
Avoid double moves and temporary housing—move once and be done!

💸 Program Cost

The bridge loan program fee is 2.4% of your current home’s final sale price (minimums apply for homes under $375,000). No surprises, just clarity and peace of mind.

Ready to Make Your Move?

Whether you're upsizing, relocating, or just eyeing that dream kitchen in the perfect neighborhood—you don’t have to wait until your current home sells to take the next step.

Let’s connect and talk about how bridge financing could help make your move smoother, faster, and a whole lot less stressful. 🏡💙

‍