Bridge and Transition Loans for Floridians

Buy Your New Home Before You Sell the Old One

Front view of a white brick house with brown shutters, a gable roof, and a small porch with a lantern, surrounded by a green lawn and flower beds.

If you’re trying to buy a new home while still owning your current one, a bridge (or transition) loan can remove the biggest obstacle: timing. This program allows you to leverage your current home’s equity so you can move forward confidently — without waiting to sell first.

For Florida buyers navigating competitive markets or tight timelines, this can be the difference between missing out and winning the home you want.

What Is a Bridge (Transition) Loan?

A bridge loan is a short-term financing option that lets you use the equity in your current home to help purchase your next one — before your existing home is sold.

Instead of juggling sale contingencies or temporary housing, this loan “bridges the gap” between homes so you can move once, on your timeline.

These loans are commonly used when:

  • You’ve found the right next home

  • Your current home hasn’t sold yet

  • You want stronger negotiating power as a buyer.

Who Bridge Loans Are Best For

Bridge loans are often a great fit for:

  • Homeowners with strong equity in their current home

  • Buyers purchasing a new primary residence before selling

  • Sellers who want to avoid rushed or discounted sales

  • Buyers competing in fast-moving Florida markets

  • Homeowners relocating or upsizing with overlapping timelines

If you’re financially qualified but timing is the issue, this program is worth a closer look.

How Buying Before You Sell Works

With a bridge loan, your current home’s equity can be used to help fund:

  • Your down payment on the new home

  • Closing costs

  • In some cases, a significant portion of the purchase price

You can close on your new home first, move in, and then sell your existing home afterward — often within a 6–12 month transition period.

Once your old home sells, the loan is paid down or refinanced into a long-term mortgage.

Why Bridge Loans Create “As-Good-As-Cash” Offers

One of the biggest advantages of a bridge loan is removing the home sale contingency.

This means:

  • Your offer is not dependent on selling your current home

  • Sellers see your offer as stronger and more reliable

  • You’re far more competitive in multiple-offer situations

In many cases, this makes your offer as attractive as a cash buyer, without needing to actually pay cash.

Loan Terms & Flexibility

While each scenario is evaluated individually, bridge loans typically offer:

  • Short-term options (often 6–12 months)

  • Flexible repayment during the transition period

  • No requirement to sell your current home before closing

  • A clear exit strategy once your existing home sells

This program is designed for real-world transitions — not rigid timelines.

How Bridge Loans Compare to Other Options

Compared to other approaches, bridge loans offer clear advantages:

  • Vs. Sale contingencies: Stronger offers, fewer delays

  • Vs. HELOCs: Higher loan amounts and fewer limitations

  • Vs. Renting or temporary housing: One move instead of two

  • Vs. Cashing out retirement or investments: Preserve liquidity

For many homeowners, this is the cleanest way to move forward without compromise.

Talk With a Florida Mortgage Professional

Bridge loans aren’t one-size-fits-all — but when they fit, they can completely change your buying experience.

If you’re considering buying a new home before selling your current one, let’s walk through your numbers and timeline together.

Schedule a Call