Buy Before You Sell — Without the Stress
Oasis Private Funder’s Owner-Occupied Bridge Loan Program allows homeowners to buy a new primary residence before selling their current home. Designed for speed and convenience, this short-term solution is ideal for those navigating life transitions, job relocations, or competitive housing markets where contingent offers may be a disadvantage.
A consumer bridge loan is a short-term loan secured by your current residence and the home you’re buying. It allows you to access equity in your existing property to cover the down payment — or even the entire purchase — of your next home. Once your current property sells, the bridge loan is repaid.
When to Use This Loan
- You need to buy a new home before your current home sells.
- You’re relocating for work or lifestyle reasons.
- You’re downsizing or upsizing and need flexibility.
- You’re in a competitive market and want to avoid contingency offers.
- You need 100% financing by using cross-collateral.
Borrower Profile
This loan is designed for:
- Homeowners purchasing a new primary residence.
- Buyers using equity in their current home as a bridge to close quickly.
- Families, retirees, and professionals navigating transitional housing needs.
This program is only available for owner-occupied or second home use and is subject to consumer loan regulations.
Loan Highlights
- Starting Rate: 10.875%
- Max CLTV: 75% | Up to 100% with Cross-Collateralization
- Loan Term: 11 Month Balloon
- Loan Amounts: Up to $3M (Inquire for Exceptions)
- Property Types: Residential
- Lien Position: 1st on Purchase, 1st or 2nd on Cross Collateral
- Personal Guarantee: No
- No Debt-to-Income Ratio (DTI) requirements
- No appraisal required (in most cases)
- Fast funding — typically within 10–14 days