Navigate the moving process with a bridge loan from Capital Finance
Whether you’re moving across town or across the country, our team can help make the process painless and cost-effective. With our moving and bridge loans, you can cover moving expenses, real estate agent fees, and closing costs, allowing you to focus on settling into your new home without the added stress of financial uncertainty.
Moving into a new home is stressful. We’ll simplify the process.
- Should you buy or sell first?
- What is bridge financing?
- What are the advantages of bridge financing?
- What happens if my current home doesn’t sell before the bridge loan comes due?
Rest assured that our team of expert advisers is not only here to answer every question regarding moving and bridge financing but to guide you through the entire process. We understand that your time is valuable, so we aim to provide efficient and personalized service so that you can focus on transitioning into your next dream home.
Bridging finance
Buying and selling homes can be tricky and seldom goes according to plan. Fortunately, we have solutions to bridge the gap and help you secure your dream home even before selling your current one. We offer two bridging loans that cater to your unique needs and make the process hassle-free.
Open-ended bridging
Open-ended bridging is where you buy first and intend to sell (but haven’t sold yet.) Banks are reluctant to do open-ended bridging finance unless you are in a strong enough financial position to support both mortgages.
Closed bridging
Closed bridging is a loan where you have an unconditional contract on your current property before buying a new home. Banks are generally more favorable to these types of loans than open-ended bridging.
Ready to start your journey to homeownership?
Take the first step by reaching out to one of our loan specialists.