A simple solution to bridge the gap between the home you have and the home you want.
Compass Bridge Loan Services gets you access to competitive rates and dedicated support from industry-leading lenders, with the exclusive option to get up to six months of your loan payments fronted when you sell your home with Mary Dix Group.
A bridge loan is a short-term loan that uses the equity from your current home to help you make an offer on a new one, without rushing to sell.
If you need to move but your money is tied up in the equity of your current house, a bridge loan can help you secure funding to facilitate the transition to a new home — like for a down payment or mortgage payments. Once your current home sells, you’ll use the proceeds to pay the bridge loan back.
If you’re relocating for a new job or other reason, a bridge loan can afford you the freedom to move on your own terms and secure a new house when you need to, without having to wait for your old home to sell.
Whether you’re using Compass Concierge to increase your home’s value, or are making improvements on your own, it may be easier to have construction work done when you’re out of the house. A bridge loan can help you move faster so you’re out of the house while those improvements are being completed.
1. Work with Mary Dix Group to search for your next dream home.
2. Get pre-approved for a bridge loan with a lender of your choice, such as or Freedom Mortgage.
3. about getting the first six months of your bridge loan payments fronted via the Bridge Loan Advance by Notable.
4. Sign an exclusive listing agreement with Mary Dix Group to sell your current home.
5. If needed, use your bridge loan to purchase and move into your new home while Mary Dix Group works to sell your current home.
Use home improvement services to sell your home faster and for more money.
6. When your old home sells, simply use the proceeds to pay back the bridge loan and any fronted monthly payments.
While Compass clients are encouraged to find the best lender for them, Freedom Mortgage and Better.com are industry-leading lenders who offer short-term financing and are a part of Compass Bridge Loan Services.
When looking for a mortgage, it’s important to find a company that specializes in mortgages above all else, and to find a lender that can address your unique home-buying or refinancing needs, regardless of how unique your circumstances may be. That’s the Freedom Mortgage difference.
Available to serve customers in all states.
Better.com is making homeownership simpler, faster, and most importantly, more accessible for all Americans. No commission, an easy digital process, and award-winning service are just a few of the ways Better.com is redefining what it looks like to get a mortgage.
Available to serve clients in all states except NY, MA, VA, VT, and NH.
More states coming soon.
Austin W. & Kim J. | Buyer
"Mary was an amazing source of support for us during our home buying process. Not only was it difficult buying our first home in a competitive market like Los Angeles but we also bought during the COVID-19 pandemic. Mary was proactive, understanding, and really took the time to answer all of our questions and make us feel comfortable during an uncomfortable time. She was available when we needed her and provided resources to us such as contractor and lender recommendations. Mary also has an extremely sweet personality and is just a joy to work with."
Individual results may vary. Testimonials are not intended to guarantee the same or similar results.
The rates and fees for each bridge loan are determined by the lender. We recommend reaching out to a bridge loan lender directly to learn more. As a reminder, the bridge loan itself can be from any lender of your choice. If you are approved for the Bridge Loan Advance, it has a 0% APR for the life of the loan and has no additional application or closing fees.*
The Bridge Loan Advance can equal up to 6 months of monthly payments and eligible closing costs incurred from the bridge loan.* Eligible closing costs include: (1) the dollar value of any points paid upfront, (2) origination or application fees where applicable; and (3) appraisal fees.
The Bridge Loan Advance is available exclusively for qualified clients with a traditional bridge loan who are working with Mary Dix Group to sell their existing primary residence.*
*The Bridge Loan Advance for Compass clients is a loan provided by Notable Finance, LLC, NMLS# 1824748 and is available to all eligible Compass clients working with the Bridge Loan lender of their choice. Loan eligibility is not guaranteed and all loans are subject to credit approval and underwriting by Notable. Loans made or arranged pursuant to a California Finance Lenders Law license. Compass is not a lender and is not providing loans as part of Compass Bridge Loan Services.
Information regarding lenders which offer short-term Bridge Loan financing is provided for informational purposes only and does not constitute an endorsement of the particular lenders referenced. Compass cannot guarantee that these institutions will be able to assist and does not assume any responsibility as to the performance of services to be provided by these institutions. There are no requirements that you participate in the Compass Bridge Loan Services or obtain a loan from these providers to participate in any other Compass programs (such as Compass Concierge). Speak to your Bridge Loan lender about all the costs you may be responsible for in connection with your Bridge Loan.
Mary Dix Group provides concierge-style services for savvy home buyers and sellers looking for a boutique experience based on trust, communication and integrity.