Compass Bridge Loan
Learn more information about the features of the Compass bridge loan here.
Compass Concierge Let’s Connect
Learn more information about the features of the Compass bridge loan here.
Compass Concierge Let’s Connect
BRIDGE LOAN SERVICES
A simple solution to bridge the gap between the home you have and the home you want.
Compass 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 a Compass agent.
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 Advantage
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.*
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. Once your current home sells, you can use the proceeds to pay the bridge loan back.
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.
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.
1.
Inquire directly with a bridge loan lender, such as RoundPoint Mortgage, to see financing options and if you qualify.
2.
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.
3.
If approved for a bridge loan, learn more about getting the first six months of your bridge loan payments fronted via the Bridge Loan Advance by Notable, an independent lender.
4.
If needed, use your approved bridge loan to strengthen your bid on a new home.
5.
Move into your new home while your Compass agent works to sell your current home.
Use Compass Concierge home improvement services to sell your home faster and for more money.
6.
When your old home sells, simply use the proceeds to pay back the bridge loan and Bridge Loan Advance.
While Compass clients are encouraged to find the best lender for them, RoundPoint Mortgage Servicing Corporation is a well established industry lender who offers short-term financing and is 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. We can help.
RoundPoint Mortgage Servicing Corporation,
A Freedom Mortgage Corporation Subsidiary
The Mark Maimon Team
855-915-8500
[email protected]
Available to serve customers in all states except MA. Coming soon.
Dori and Jim H., Seller | California
"Zan is the most amazing realtor! We have been looking for homes for 3 years and worked with many different agents. Zan was the first person to really listen to what we wanted and help us achieve our goals. She was extremely patient and always uplifting with encouraging messages. Our home search with Zan lasted 3 months and during that time she never let us get discouraged. She is very good at pricing and assisted us with getting the best deal. Everybody we have talked to was shocked at how we were able to get a great home at a great price. If you are looking for someone to help you reach your goals, Zan is the best person for the job!"
Individual results may vary. Testimonials are not intended to guarantee the same or similar results.
*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. Notable's phone number for applicants only: 833-615-0249. 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.
Information regarding lenders which offer short-term Bridge Loan financing is provided for informational purposes only and does not constitute an endorsement of the particular lenders referenced. Compass cannot guarantee that these institutions will be able to assist and does not assume any responsibility as to the performance of services to be provided by these institutions. 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 (such as Compass Concierge). Speak to your Bridge Loan lender about all the costs you may be responsible for in connection with your Bridge Loan.
Zan is dedicated and passionate about serving her clients when they decide to enter the Bay Area real estate market. Whether her clients are purchasing a home or selling their home, she makes sure to understand their specific needs and desires by listening and communicating effectively.
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