Residential Bridge Loan

Residential Bridge Loan – Short-Term Property Financing for Your Next Home

Pre-Qualify (Consumer Use Only)
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For a Rate and Fees quote call

800-390-7536

PRE QUALIFY NOW (Consumer Use Only)
Need to buy your next home before your current one sells? Normandy’s residential bridge loan program lets you leverage the equity in your current residence to move forward on your timeline — not the market’s. Our bridge financing is designed for homeowners who need short-term property financing to purchase or construct a new home while their existing property is being sold or refinanced.
A bridge mortgage loan from Normandy gives you the flexibility to close on a new property without waiting for your current home to sell. This residential transition loan is structured with a 12-month term and interest-only payments — keeping costs manageable while you complete the transition. Whether you’re upsizing, relocating, or constructing a new home, our equity bridge loan keeps your move on track. Please call for Bridge Loans on Non-Owner Occupied homes.

General Guidelines*

  • Loan amounts from $95,000 to $5,000,000
  • Loan to value up to 80% of appraised value.  Loan amounts over $1M will max out at 75% loan to value.
  • Allows you to sell your home on your time schedule
  • Deal directly with the Loan Officer/Underwriter
  • Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
  • Loans are available to Borrowers with excellent to less than perfect credit (subject to underwriting)
  • Full income documentation or limited income documentation available
  • Foreign Nationals are eligible for this program
  • 1 to 4 family owner and non-owner properties are eligible (other property types may be considered on an exception basis)
  • 12 month term
  • Interest only payments
     *All rates and terms subject to change without notice     

Loans Available in the Following States

Owner Occupied

Loans available for owner occupied properties in the following states:

  1. CA
  2. FL
  3. MI
  4. NJ
  5. OR

Non-Owner Occupied

Loans available for non-owner occupied properties only:

  1. AK
  2. AL
  3. AR
  4. CA
  5. CO
  6. CT
  7. DE
  8. FL
  9. GA
  10. HI
  11. IA
  12. ID
  13. IN
  14. KS
  15. KY
  16. MA
  17. MD
  18. ME
  19. MI
  20. MO
  21. MS
  22. MT
  23. NC
  24. NE
  25. NJ
  26. NM
  27. NY
  28. OH
  29. OK
  30. OR
  31. PA
  32. RI
  33. SC
  34. SD
  35. TN
  36. UT
  37. VA
  38. WA
  39. WV
  40. WY

Frequently Asked Questions

Residential Bridge Loans

What is a residential bridge loan?
A residential bridge loan is short-term financing that uses the equity in your current home to fund the purchase or construction of a new one. It “bridges” the gap between buying and selling — so you don’t have to wait.
Loan amounts range from $95,000 to $5,000,000. LTV is up to 80% of appraised value (75% for loans over $1M). Your bridge financing amount depends on your current property’s equity and overall borrower profile.
The standard term is 12 months with interest-only payments — keeping your monthly costs low while your current home sells or your new home is completed.
Yes. Normandy’s residential transition loan can be used to construct a new residence while your existing home is being sold or refinanced.
Yes. Non-owner occupied 1–4 family properties are eligible across a wide range of states. Please call for details on your specific property type.

For a Rate and Fees quote call

800-390-7536

Residential Bridge Loans

A Bridge Loan allows you to take advantage of the equity in your current Owner-Occupied residence or possibly another property you own (which is intended to be sold or refinanced) to purchase a new residence or construct a new home. Please call for Bridge Loans on Non-Owner Occupied homes.

PRE QUALIFY NOW
(Consumer Use Only)

General Guidelines*

  • Loan amounts from $95,000 to $5,000,000
  • Loan to value up to 80% of appraised value.  Loan amounts over $1M will max out at 75% loan to value.
  • Allows you to sell your home on your time schedule
  • Deal directly with the Loan Officer/Underwriter
  • Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
  • Loans are available to Borrowers with excellent to less than perfect credit (subject to underwriting)
  • Full income documentation or limited income documentation available
  • Foreign Nationals are eligible for this program
  • 1 to 4 family owner and non-owner properties are eligible (other property types may be considered on an exception basis)
  • 12 month term
  • Interest only payments
     *All rates and terms subject to change without notice     

Loans available for Owner Occupied properties in the following states: CA, FL, MI, NJ, OR

Loans available for Non-Owner Occupied properties only: AK, AL, AR, CA, CO, CT, DE, FL, GA, HI, IA, ID, IN, KS, KY, MA, MD, ME, MI, MO, MS, MT, NC, NE, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, UT, VA, WA, WV, WY

Draw Request Submitted

Thank you for requesting a draw.  You will receive an email or call confirming your draw request has been received within 1 business day.  If you do not receive confirmation, please contact our office at 800-390-7536.  Please notify us of any changes you wish to make to your request.  

Normandy Corporation

Thank you for scheduling your payment.  You should receive an email confirmation of payment within 1 business day.  If you do not receive a confirmation email within 1 business day, please call our office to confirm at 800-390-7536.