Across Connecticut, investors use bridge loans to move on a property without waiting for a sale or for a long-term loan to come together. The bridge is secured by investment property and repaid through a sale or refinance, often a DSCR refinance after lease-up. Browse the city pages below for local data, then ask a licensed loan officer about costs, lien position, prepayment charges and how the payoff will work.
Call to talk with a licensed loan officer. Programs vary by borrower, property and investor.
Connecticut transfer taxes: Real Estate Conveyance Tax. Has a state and a municipal portion; the grantor (seller) or the grantor's attorney or agent files Form OP-236, and the return and payment are due when the deed is recorded, unless an exemption applies. Your Loan Estimate or closing statement lists what applies to your deal.
Where the numbers point in Connecticut
Counties with the most investor loans with balloon or non-amortizing terms (2024):
| County | Investor loans with balloon or non-amortizing terms (2024) |
|---|---|
| the Capitol Planning Region | 197 |
| the South Central Connecticut Planning Region | 106 |
| the Naugatuck Valley Planning Region | 103 |
| the Western Connecticut Planning Region | 99 |
| the Southeastern Connecticut Planning Region | 83 |
| the Greater Bridgeport Planning Region | 72 |
| the Lower Connecticut River Valley Planning Region | 22 |
| the Northwest Hills Planning Region | 21 |
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Prefer to talk first? Call (888) 865-8230. Applying is not a loan approval or commitment to lend; programs vary by borrower, property and investor. ClearPoint Mortgage Advisors, NMLS #173855. Properties in FL, NY, NJ, PA, CT and VA only.
Bridge Loans for Investors by city in Connecticut
- Ansonia
- Branford Center
- Bridgeport
- Bristol
- Cheshire Village
- Conning Towers Nautilus Park
- Cos Cob
- Danbury
- Derby
- Glastonbury Center
- Hartford
- Jewett City
- Kensington
- Meriden
- Middletown
- Milford
- Milford city
- Naugatuck
- New Britain
- New Haven
- New London
- Norwalk
- Norwich
- Oakville
- Old Greenwich
- Pawcatuck
- Riverside
- Rockville
- Shelton
- Sherwood Manor
- Simsbury Center
- Southwood Acres
- Stafford Springs
- Stamford
- Storrs
- Terryville
- Thompsonville
- Torrington
- Wallingford Center
- Waterbury
- West Haven
- Willimantic
- Winsted
Common questions
How is a bridge loan different from hard money?
They overlap. Many bridge loans come from the same kinds of lenders that offer hard money. The difference is mostly purpose: a bridge loan focuses on timing, such as buying before selling or holding until a refinance, while hard money often funds heavier renovations. Compare costs, terms and exits rather than the label on the loan.
What is lien position on a bridge loan?
Lien position is the order in which lenders are repaid from a property. A first-lien bridge is paid first if the property is sold or foreclosed. A second-lien bridge comes after an existing mortgage, usually costs more and may need the first lender's permission. Your title report and loan documents show the lien position.
What happens if my property does not sell before the bridge loan is due?
You may be able to extend the loan, usually for a fee, or refinance it into a longer-term loan if the property qualifies. If neither works, the loan can go into default. Plan a backup exit, keep reserves to carry the loan and contact the lender early if your sale is moving slowly.
Other investor loans in Connecticut
DSCR loansDSCR requirementsDSCR down paymentAirbnb / STR loansHard money lendersHard money for a primary homeFix and flip loansPortfolio lendersBlanket mortgagesInvestment property loansHELOC on a rentalInvestor cash-out refiSecond home loansInterest-only investor loansPrivate money lenders
Related guides
- Hard Money vs DSCR Loan: Which Fits Your Investment Property?
- How to Get a DSCR Loan, Step by Step
- LLC Mortgage Basics: Financing a Rental in an LLC
Bridge Loans for Investors overview · Connecticut investor loan overview
- 2024 HMDA data