Loan option
Bridge Loan in the GTA
A bridge loan unlocks equity from a property you're selling so you can close on a new purchase before the sale completes. It's structured around the firm sale of the existing home and is paid out at that closing.
When homeowners use a bridge loan
- Closing on a new home before your existing sale completes
- Funding deposits or renovations on a new purchase
- Avoiding rushed sale of your current home at a discounted price
- Smoothing out timing on estate or family-property transitions
How equity-based qualification works
Bridge loans are usually tied to a firm purchase and a firm sale, with equity in one or both properties as the security.
As a general Ontario rule, lending partners want the combined balance of every mortgage that will sit against the property — first, second, and so on — to land at roughly 75%–80% of the appraised value. We are a referral service, not a lender; final pricing and approval are determined by the licensed lending partner.
Bridge Loan by city in the GTA
Browse bridge loan options in your area. Each page reflects local housing context, but the underlying program is the same equity-based approach.
Other GTA & Ontario cities
Lending Options Across the GTA
Explore equity-based lending options by type and by city. We connect homeowners across the Greater Toronto Area with our network of licensed lending partners.