Bridge Loan
The Smooth Path to Your New Home
Buy Your Next Home Before Selling Your Current One
Buying a new home while selling your current one can be a balancing act. Our Bridge Loan helps you unlock the equity in your current home, giving you the cash you need for a down payment—without making a contingent offer. Plus, if you finance your new home with us, you’ll enjoy exclusive benefits that save you money in the long run.
Why Choose a WyHy Bridge Loan?
- Access Your Home Equity Before Selling – Use the equity in your current home to secure a new one.
- Competitive Terms – Designed to keep payments low with a 12-month term and 20-year amortization.
- Exclusive Mortgage Perks – If you finance your new home with us, you’ll get:
- 0.25% rate discount on your next mortgage
- A free home appraisal (up to $650 value)
Bridge Loan Features
- 12-month term (amortized over 240 months to keep payments low)
- 11 fixed monthly payments + final balloon payment
- Minimum loan amount: $50,000
- Maximum Loan-to-Value (LTV): 80%
- One Bridge Loan at a time per borrower
Make your home transition seamless and stress-free with a WyHy Bridge Loan.
Ready to Bridge the Gap?
How It Works
A Bridge Loan gives you financial flexibility, allowing you to secure your next home without waiting for your current one to sell. Instead of making a contingent offer, you can use the equity in your existing home to fund your down payment—giving you a stronger position as a buyer. Plus, if you choose WyHy for your new mortgage, you’ll unlock valuable savings with a lower interest rate and a free appraisal.
Use a Bridge Loan to tap into your current home’s equity for a down payment.
Buy your new home with confidence—no need for a contingent offer.
Sell your current home, then use the proceeds to fully pay off your Bridge Loan.
Finance your new home with WyHy and enjoy lower rates and waived appraisal costs.
Make Your Move with Confidence!
Don’t let timing hold you back from your dream home. A WyHy Bridge Loan gives you the flexibility you need to buy now and sell later.
Must own property in the State of Wyoming to apply and be eligible for membership.
Rates are subject to change. Rates and maximum loan terms are dependent on credit qualifications and loan-to-value (LTV) percentage. Rates listed are the lowest available. The Index will be the Wall Street Journal Prime Rate. The Margin will be based on the borrower’s credit score and the LTV. Home Equity or real estate secured loans are limited to properties located in the State of Wyoming. Your actual rate is based on previous credit performance. Lowest rate shown is for well-qualified borrowers and includes automatic payment discount. The Floor Rate (or minimum rate) will be 7.000% and the maximum rate will be 18%. Changes to the interest rate will be effective monthly on the 1st day of the month.
A late fee will be assessed if the payment if more than 10 days late. The late fee will be the greater of 5% of the payment or $25.