How does a bridge loan work when buying before selling?

A bridge loan lets you borrow against the equity in your current home to fund the purchase of the next one before your existing home has sold, then gets paid off once that sale closes. Lenders typically qualify you based on carrying both the bridge loan and eventually the new mortgage, so approval depends heavily on your income and existing debt. It is a short-term tool meant to close a timing gap, not a long-term solution. Joel Boss can connect you with lenders who offer this kind of financing.