Bridge Loan Processing Services | CTC Processing LLC
Bridge loans allow borrowers to purchase a new home before selling their existing one — using departure property equity as a down payment source. CTC Processing manages the dual-property documentation, cross-collateralization structures, and short-term investor requirements.
Key requirements
- Equity in departure property
- both properties may be cross-collateralized
- 6–12 month term
- interest-only payments typical
- exit strategy required (sale of departure property or refinance)
- 20%+ equity in departure property
Processing steps
- 1Value departure property (AVM or appraisal)
- 2calculate available equity
- 3document exit strategy
- 4confirm cross-collateral or single-property structure
- 5submit to bridge investor
- 6CTC
Common conditions
- Departure property listing agreement or sale contract
- equity calculation from current appraisal or AVM
- exit strategy letter
- debt qualification including both properties
How we process it
Bridge loans require a clear exit strategy that underwriters can verify. CTC requests the departure property listing agreement on day 1 — without it, most bridge investors won't move forward.
Frequently Asked Questions
What is the exit strategy for a bridge loan?
The exit strategy is how the bridge loan gets paid off — typically the sale of the departure property. Underwriters want to see a listing agreement and a realistic timeline. CTC documents the exit strategy as the first condition.
Can both properties be on the same bridge loan?
Some investors cross-collateralize both properties (departure and new purchase) on a single bridge loan. Others lend only against the departure property equity. CTC identifies the right structure for each borrower.
How long does a bridge loan take to process?
Bridge loans typically close in 14–21 days due to their simplified structure. The primary variables are property valuation turnaround and investor-specific conditions.
Bridges — closed with precision.
Hand us the file. We'll handle the guideline, the conditions, and the closing.