Bridge Financing Ontario
Bridge the Gap Between Buying and Selling
Bridge financing provides short-term mortgage funds to Ontario homeowners who need to close on a new home before the sale of their existing property completes.
Key Benefits
- ✓Buy your new home before your current home sells
- ✓Available through bank and private lenders
- ✓Flexible terms from 1–6 months (sometimes longer)
- ✓Can be combined with reverse mortgage on new property
- ✓Fast approval — often within a week
- ✓Private bridge financing qualifies primarily on home equity — bank bridge loans may require standard mortgage qualification
About Bridge Financing
Bridge financing (also called bridge loans or swing loans) is a short-term mortgage solution for Ontario homeowners caught in the gap between purchasing a new home and selling their existing one.
When you need bridge financing: - You've bought a new home but your current home hasn't sold yet - Your new home closing date is before your current home closing date - You need to access equity from your current home to fund a down payment - You're downsizing and need time to find the right new property
Bridge loans are typically arranged for 1–6 months and secured against one or both properties. Once your current home sells, the bridge loan is repaid from the sale proceeds.
For retirees and seniors, bridge financing is particularly valuable when timing doesn't align perfectly in a downsizing transaction. Combined with a reverse mortgage on the new property, it can create a seamless, payment-free transition into your next home.
As Ontario mortgage brokers, we access bridge financing through multiple lenders — from chartered banks to private lenders — ensuring you find the right solution for your timeline and situation.
Bridge Financing — Frequently Asked Questions
Bridge Financing Across Ontario
We provide bridge financing services to homeowners in cities across Ontario.
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