How it works
From high card balances to a better loan in about six weeks
Choose your view. Brokers and lenders manage the file; homeowners see what to expect at each step.
WEEK 0
Scenario & pre-approval
DAY 1 OF BRIDGE
Close & pay off cards
WEEKS 1–3
Balances report, rescore
ABOUT WEEK 6
Exit loan closes
For homeowners: what to expect
- 1
Talk to your loan officer
They review whether card balances are what’s holding your score down.
- 2
Share your documents
Income, mortgage and card statements, uploaded securely.
- 3
Your cards are paid off
We pay the card companies directly. You make one monthly payment.
- 4
Your credit updates
The $0 balances report to the credit bureaus over the next few weeks.
- 5
Move to your new loan
If it’s better for you, your pre-approved loan replaces the bridge.
Know before you borrow
- This loan is secured by your home
- Your rate, fees and APR appear on your Loan Estimate
- No lender can promise a specific credit score
- If you don’t move to a new loan, you can keep this one
Could this fit you?
You own your home with good equity, pay on time, and your cards are near their limits. Ask your loan officer about EquiBridge, or contact us to find a partner near you.
Find a Loan Officer