Arrival Home Loans Bridge loans are used in real estate transactions where there is a timing mismatch between the purchase of a new home and the sale of an existing one. Our Bridge loan product allows borrowers to compete with cash offers and focus on getting into their new home. Once that process is complete, the out-going home can be properly staged, yielding higher sale prices.

Arrival Home Loans Bridge loans are short-term loans with durations ranging from a few weeks to several months. These loans are not intended as long-term financing solutions and are meant to serve as a stop-gap between the purchase of a new property and the sale of an existing one.

Bridge loans require collateral to secure funding, such as the borrower’s existing home. Arrival Home Loans will use this collateral to secure the loan, allowing our borrowers to focus on procuring their new home first.

Bridge loans come with higher interest rates and fees compared to traditional loans because due to their short-term nature, limited documentation, and alternative funding sources.

The borrower repays their bridge loan when the expected source of funds becomes available. This can happen through the sale of an existing property, the closing of a long-term financing deal, or another predetermined exit strategy.

Arrival Home Loans bridge loan product has specific eligibility criteria and requirements, including creditworthiness and the value of the collateral.