After a two-month hiatus, Compass is restarting two lending programs — with new limits to minimize risk. The residential brokerage said it will reinstate Concierge, which fronts money to homeowners for home repairs, in second-home markets on June 15. Compass plans to restart its bridge loan program, which advances six months of bridge loan payments to owners, on July 15. Over the past couple of years, both programs drove listings to Compass agents as the
source https://therealdeal.com/2020/06/02/compass-restarts-lending-with-some-caveats/
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