BRIDGE MORTGAGES

3M Mortgage Services SPECIALISTS IN INTERIM FINANCING

Are you looking for a bridging mortgage to complete your mortgage financing strategy? At 3M Mortgage Services, we specialize in helping lenders like you find a bridging loan.

From $5,000 to $2 million

Structured in 1st and 2nd position

Secured by residential or commercial real estate

Use bridging mortgages to finance the completion of construction projects.

Among lenders that offer bridging financing, not all will put you first. At 3M Mortgage Services, we're not a bank, and we don't work for a bank, so our only goal is to help you find bridging finance options that fit your needs and situations.

WHAT IS BRIDGE FINANCING?

A bridge mortgage takes its name from the fact that it “bridges gaps” between financial transactions. For example, bridge financing can provide short-term funds:

• Between the purchase of one property and the sale of another
• Between the completion of improvements and the sale of the property
• Between a short-term loan and a long-term loan
• Between an immediate need and a pending capital payout (insurance settlement, etc.)

Bridge financing is typically paid back once you’ve sold the asset or your pending payout arrives. That makes bridge mortgages ideal for completing a variety of financing strategies. But it’s not always easy to find and negotiate this complex home bridge financing product, and many lenders do not offer bridge mortgages because they don’t make much interest due to the short-term nature of the loan.