COMPASS BRIDGE LOAN SERVICES
A SIMPLE SOLUTION TO BRIDGE THE GAP BETWEEN THE HOME YOU HAVE AND THE HOME YOU WANT
Our 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 Clay
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.
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.
BRIDGE LOAN ADVANCE
Work with Clay 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
Work with Clay to search for your next dream home.
Learn more about getting the first six months of your bridge loan payments fronted via the Bridge Loan Advance by Notable.
Sign an exclusive listing agreement with Clay to sell your current home.
If needed, use your bridge loan to purchase and move into your new home while Clay works to sell your current home.
Use Compass Concierge home improvement services to sell your home faster and for more money.
When your old home sells, simply use the proceeds to pay back the bridge loan and Bridge Loan Advance.
DOES A BRIDGE LOAN MAKE SENSE FOR YOU?
IS YOUR MONEY TIED UP IN YOUR CURRENT HOME?
If you need to move but your money is tied up in the equity of your current house, a bridge loan can help you secure funding to facilitate the transition to a new home — like for a down payment or mortgage payments. Once your current home sells, you’ll use the proceeds to pay the bridge loan back.
DO YOU NEED TO MOVE WITHIN A SPECIFIC TIMEFRAME?
If you’re relocating for a new job or other reason, a bridge loan can afford you the freedom to move on your own terms and secure a new house when you need to, without having to wait for your old home to sell.
DOES YOUR HOME REQUIRE RENOVATIONS OR OTHER WORK?
Whether you’re using Compass Concierge to increase your home’s value, or are making improvements on your own, it may be easier to have construction work done when you’re out of the house. A bridge loan can help you move faster so you’re out of the house while those improvements are being completed.
NEXT STEP: FINDING A LENDER
While we encourage our clients 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
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.
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.
We’ve all heard that “home is where the heart is.''
Clay knows it’s also where you will invest your hard earned money!
He takes his fiduciary commitment to his clients to heart. You can trust him to have your best interest and best home in mind as he joins you in this milestone event.
Whether you are a first time buyer or writing the next chapter in your life, Clay will get you where you want to go... home.