Connecting can be requisite in the event the profit of one’s current domestic takes place following get big date of your own brand new home. Rightly, youre bridging brand new pit with the money had a need to personal the fresh home. In simpler words, the financial institution is simply lending you the down-payment and you may closing charges for your loan places Poquonock Bridge new household even though you wait for collateral from the business of your newest house.