Once the gatekeepers to sales listings, real estate agents are increasingly in front of another key aspect of the home-buying process: the financing. To help clients increase their purchasing power, a number of residential brokerages have launched bridge loan programs that let clients borrow money to pay for a new home before they sell their old one. In addition to boosting sales, the programs are a way for firms to distinguish themselves from the competition
source https://therealdeal.com/2019/11/20/why-compass-properties-and-tech-startups-are-diving-into-bridge-loans/
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