A bridge loan mortgage takes its name from the fact that it “bridges gaps” between financial transactions. For example, a bridge mortgage can provide short-term funds
Bridge loans are typically paid back once you’ve sold the asset or your pending payout arrives. That makes these loans ideal for completing a variety of financing strategies. But it’s not always easy to find and negotiate this complex home financing product, and many lenders do not offer bridge loans because they don’t make much interest due to the short-term nature of the loan. That’s why CMI’s mortgage brokers are here to help.
Are you searching for a bridge loan to complete your mortgage financing strategy? At CMI, we specialize in helping borrowers like you find you a bridge loan
We even use bridge loans to finance completion of construction projects.
Of the lenders who do offer bridge financing, not all will put you first. At CMI, we’re not a bank, and we don’t work for a bank, so our only goal is to help you find the bridge financing options that fit your needs and circumstances.
We work with more than 250 top lenders across Canada, and we’ve spent years building up relationships with them. That means when we come to the negotiating table on your behalf, we’ll know whether you’re getting the best terms a lender has to offer. And if they don’t offer you the best deal they can, we’ll move on to the next lender until we’ve found a fair offer.
From the first FREE consultation, your CMI brokerage team will work to determine what kind of home equity loan fits your finances and goals.
CMI’s bridge financing experts bring together more than 100 combined years of experience in Canada’s real estate and mortgage markets. Throughout that time, we’ve built up a network of lenders, agents, appraisal experts and lawyers, all of whom can provide the expertise you need to structure a manageable and affordable bridge loan.
We are here to help hold your hand, from the first negotiation to the last signature. Give us a call today, and we’re confident you’ll see the CMI difference.