Bridge Financing

Bridge financing is used as temporary funds to cover the cost of your new home if the sale of your current home isn't complete by the time your new home's purchase is complete.

Your loan options are:

• A lump-sum personal loan with a fixed interest rate, with lump sum repayment at maturity.
• A personal demand loan with interest-only payments.

Benefits

• No minimum or maximum loan amount – the amount depends on the confirmed source of repayment.
• Full or partial prepayment at any time without penalty.
• Competitive rates.

For more information, call 1 800 665-9665, or visit the nearest BMO Bank of Montreal branch.