Cover The Gap Between Selling And Buying Your Home.

Bridge loans provide the financing you need to purchase a new home before you’ve sold your existing house. Your current home serves as security for the loan, which is typically used as a downpayment on the new house. The team at F&M Mortgage helps you determine if a bridge loan makes sense for you and clarifies your responsibilities before signing the dotted line.

Great for Individuals needing a loan option to cover the gap between buying and selling a home and who cannot cover the cost of two mortgages.

Unless the sale of the home will pay for the entire balance on the new loan, there will typically be two closings. One for the closing on the bridge loan and another for the closing on the mortgage for the new home.


Closing typically takes between 30-45 days.

Rates constantly vary, but Bridge loan rates are typically higher than those of a traditional fixed rate mortgage.

12 month, interest only payment schedule

Make Your Offer More Attractive With A Bridge Loan.

Bridge loans provide the necessary funds to make an offer on a new home without any contingent clauses that might hinder acceptance of your offer. For example, if you make an offer on a new home that is dependent on the sale of your existing home, you may lose out on the home of your dreams.

F&M Helps You Make Informed Decisions.

We evaluate your debt-to-income ratio and your ability to pay two mortgages on a monthly basis when you apply for a bridge loan. Our in-house decision makers evaluate your situation pulling from our knowledge of our community and its residents. Quick processing means you get answers when you need them at reliable rates. The professionals at F&M Bank and F&M Mortgage detail the advantages and risks to all our loans so you feel comfortable making informed decisions.

Choose Experienced Professionals You Trust.

The team at F&M Bank and F&M Mortgage work together to offer responsible lending to the community we know and love. Your dreams become our dreams as we get to know the individuals and families we work with. Choose your mortgage advisor and learn if a bridge a loan is right for you. Contact our team to get started.

Have Questions? Get In Touch

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