Compass has announced Compass Bridge Loan Services. So reports CNBC. The real estate brokerage says will make it easier for homeowners to buy their next home before selling their existing home. Compass says its bridge loan partners, including include Better.com and Freedom Mortgage, offer a streamlined approach and competitive rates in what can be a costly and cumbersome marketplace.
As part of the program, Compass customers can apply for up to six months with no out-of-pocket costs on approved bridge loans.