Bridge Home Loans in Austin, TX
Found your next home before selling the current one? A bridge loan can help with the timing. Call or text (512) 593-1336.
Buying Before You Sell
A bridge loan is short-term financing that lets you use equity in the home you own now toward the home you want next, before the first one sells. It can let you make a stronger offer without a sale contingency and move once instead of twice.
The trade-off is cost and risk. Bridge loans usually carry higher rates and fees than a standard mortgage, and for a while you may carry payments on two homes. We help you decide whether the convenience is worth it.
When a Bridge Loan Fits
- You’ve found the right home in a competitive market and can’t wait for a sale.
- You have solid equity in your current home.
- Your current home is likely to sell in a reasonable time.
Alternatives to compare
- A HELOC Home Loan opened on your current home before listing it.
- Using savings for the down payment and financing the new home with a Fixed Rate Mortgage, then paying down principal after the sale.
- Eligible veterans can look at a VA Purchase Loan for the new home.
- Self-employed buyers may combine a bridge with a Self Employed Mortgage on the new home.
- A higher-priced new home may need a Jumbo Home Loan.
What We’ll Look At
- Your current home’s value, balance and expected selling costs.
- Your income and whether it covers both payments for a time.
- The new home’s price and your planned down payment.
- How quickly homes like yours are selling.
Our Process
- Equity estimate. We figure realistic net equity after selling costs.
- Options side by side. Bridge loan, HELOC and other routes, with rates and APRs shown together.
- Coordinate both closings. We work with your agents and title so the timing lines up.
- Pay off. When your old home sells, the bridge loan is repaid.
Bridge Loan Questions
How much can I borrow on a bridge loan?
It depends on your equity and the lender. Most lenders cap total debt on your current home at a percentage of its value and factor in selling costs.
What if my home takes longer to sell?
That’s the main risk. We plan for a cushion and look at the lender’s extension terms before you commit.
Are bridge loans expensive?
They usually cost more than a regular mortgage. We compare them with a HELOC and other options so you can see the difference.
Can I use a bridge loan on a homestead in Texas?
Texas homestead rules limit how equity can be borrowed against, so structure matters. We’ll confirm which options work for your property.
Moving Within Central Texas
Plenty of our clients are moving up within the Austin area, from a starter home in Round Rock to something bigger in Georgetown, or downsizing from Westlake to Lakeway. Market speed changes by neighborhood and season, so we look at recent sales near your current home before planning the bridge.
Let’s Work Out Your Move
We’ll look at your current home’s equity, your next purchase and your timeline, then show you the realistic options. CapFi Lending is an Austin mortgage broker with more than 50 wholesale lenders, and Dustin Edwards has 22 years of experience. Founded in 2017, we keep the advice honest and the process clear. Our reviews: 4.9★ on Google (79) · 5.0★ on Zillow (16) · 100% recommend on Facebook (42).
Call or text (512) 593-1336 for a free pre-approval.
Rather talk it over first? Call or text (512) 593-1336, Monday through Saturday from 9 to 7.
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