(Bloomberg) -- Swedish startup Bodil has raised 110 million kronor ($10 million) from investors Einar Mattsson AB and YLD to help launch its offering of bridge financing for borrowers looking to buy a home.

Bodil’s Chief Executive Officer, Jesper Eliason, says the company will act as an intermediary by buying the house for the customer and then lending it back against a combination of fixed rent and a savings plan. “Within about ten years the client can buy the house in full with the help of a traditional mortgage,” he said by phone.

The startup’s home market of Sweden, where home prices are predicted to fall by as much as 20% from this year’s peak, is seen as an attractive investment in terms of yield, according to the CEO.

“Prices have fallen more on owned homes than on rental apartment properties, which has created a positive pick-up in yields on the former over the latter,” Eliason said.

Read More: Half of Swedish Households See Home Prices Sliding Further

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