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

Compass Bridge Loan Services provides access to competitive rates and dedicated support from industry-leading lenders, with the exclusive option to get up to six months of your bridge loan payments fronted when you sell your home with a Compass agent.

What's a bridge loan?

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.

Our Solution

After months of research, 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 a Compass agent 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.*

Does a bridge loan make sense for you?

Is your money tied in your current home?

If you want 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.

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?

Whether you're using Compass Concierge to increase your home's value, or are making improvements on your own, a bridge loan can help you move faster so you're out of the house while those improvements are being completed.

How it works

Inquire directly with a bridge loan lender to see financing options and if you qualify.
Apply to get pre-approved for a bridge loan with the lender of your choice, while searching with your Compass agent for your next home.
If approved, learn more about getting the first six months of your bridge loan payments fronted via the Bridge Loan Advance by Notable.
If needed, use your approved bridge loan to strengthen your bid on a new home.
Move into your new home while your Compass agent works to sell your current home. Use Compass Concierge to sell faster.
When your old home sells, simply use the proceeds to pay back the bridge loan.

Your questions, answered

What rates and fees accompany a bridge loan?

The rates and fees are determined by the lender. If you are approved for the Bridge Loan Advance, it has a 0% APR for the life of the loan with no additional application or closing fees.*

What is covered by the Bridge Loan Advance?

Up to 6 months of monthly payments and eligible closing costs incurred from the bridge loan, including points paid upfront, origination fees, and appraisal fees.*

Who is eligible for the Bridge Loan Advance?

The Bridge Loan Advance is available exclusively for qualified clients with a traditional bridge loan who are working with a Compass agent to sell their existing primary residence.*

*The Bridge Loan Advance for Compass clients is a loan provided by Notable Finance, LLC, NMLS# 1824748 and is available to all eligible Compass clients working with the Bridge Loan lender of their choice. Loan eligibility is not guaranteed and all loans are subject to credit approval and underwriting by Notable. Loans made or arranged pursuant to a California Finance Lenders Law license. Compass is not a lender and is not providing loans as part of Compass Bridge Loan Services. 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.