What is a bridge loan and how does it work in Pennsylvania?

A bridge loan is a short-term mortgage — typically 6 to 12 months — that lets you borrow against the equity in your current home to fund the purchase of your next home before your current home sells. Instead of making your purchase offer contingent on your sale, you use existing equity as a temporary down payment.

How much equity do I need to qualify for a bridge loan?

Most bridge loan programs require significant equity in your current home — typically enough to fund the new down payment while leaving a cushion in the departing property. Many lenders look for a combined loan-to-value of 80% or less on the departing home after the bridge loan is in place.

What are the costs of a bridge loan compared to a traditional mortgage?

Bridge loans carry higher interest rates than conventional mortgages, typically 1–3 percentage points above prevailing rates, plus origination fees and standard closing costs. Since bridge loans are repaid quickly when the existing home sells, total interest cost is usually limited by the short holding period.

What happens if my home doesn't sell before the bridge loan term ends?

If your home does not sell within the bridge loan term (typically 6–12 months), some lenders offer extensions for additional fees, or you may be able to refinance. If the home does not sell and the loan comes due without repayment, serious consequences including foreclosure proceedings on the departing property are possible.

Are bridge loans available in Florida as well as Pennsylvania?

Yes. Dynamic Funding Solutions offers bridge loan programs in both Pennsylvania and Florida. The structure, qualification requirements, and costs are similar across both states, though local market conditions vary. Contact us at (215) 364-7171 (PA) or (561) 247-4888 (FL) to discuss your options.

Bridge Loans in Pennsylvania and Florida: Buy Your Next Home Before Selling the One You Have

Dynamic Funding Solutions

Home Loans for Pennsylvania & Florida

First Name

Last Name

Phone

Loan Type

Notes

Consent

I consent to be contacted by Dynamic Funding Solutions, Inc. via phone, email, or text. View our Privacy Policy.

Ready to Qualify?

Free 15-min strategy call — no obligation, no pressure.

Loan Topics

Recent Articles

Bank Statement Loan: Self-Employed Guide 2026 April 16, 2026

Asset-Based Loans vs. Standard Business Debt April 13, 2026

Personal or Business Bank Statement Loans in PA April 13, 2026

Are Bridge Loans an Alternative to Stock Sales? April 11, 2026

Browse by Topic

Bank Statement DSCR Loans Non-QM ITIN Loans FHA Loans VA Loans Bridge Loans Construction Home Purchase First-Time Buyers

Dynamic Funding Solutions
NMLS #17144 | Lena Polnet NMLS #17225
Licensed in Pennsylvania & Florida
dynamicfunding.net

Ready to Stop Renting and Start Owning?

You don’t have to fit the conventional mold. Lena Polnet has helped self-employed buyers, investors, and complex-income borrowers qualify in Pennsylvania and Florida for over 25 years.

Book a Free 15-Min Strategy Call See All Loan Options →

📞 (215) 364-7171 — Pennsylvania 📞 (561) 247-4888 — Florida

Dynamic Funding Solutions • NMLS #17144 • Lena Polnet NMLS #17225 • Licensed in Pennsylvania & Florida • Not a commitment to lend.

Bridge Loans in Pennsylvania and Florida: Buy Your Next Home Before Selling the One You Have

Dynamic Funding Solutions

Home Loans for Pennsylvania & Florida

Ready to Qualify?

Loan Topics

Recent Articles

Browse by Topic

About Dynamic Funding Solutions

Quick Links

Contact Information

Visit Us