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Pleasanton moves fast. Homes get multiple offers, and sellers rarely wait for contingent buyers.
A bridge loan lets you buy your next home now. You're not stuck waiting for escrow to close on your current one.
6 – 12 months
Typical Loan Term
Non-QM
Loan Type
20%+ typically
Equity Required
Equity + Exit Plan
Approval Focus
Bridge loans are non-QM products. Lenders focus on equity, not just income or credit score.
You generally need strong equity in your current home. Most lenders want at least 20% after both loans are factored in.
Big retail banks rarely offer bridge loans. This is specialty lending territory.
At SRK CAPITAL, we shop bridge products across 200+ wholesale lenders. Rates and terms vary widely — that spread matters.
The deals I see fall apart when buyers wait too long to line up bridge financing. Get pre-approved before you write an offer.
Structure matters as much as rate. Some lenders let you carry both loans interest-only. That keeps monthly payments from stacking painfully.
A HELOC is cheaper but slower. If your current home isn't paid down enough, it may not even qualify.
Hard money loans are faster but carry higher costs. Bridge loans typically sit between HELOCs and hard money — more flexible than one, cheaper than the other.
Pleasanton sits in the Tri-Valley, where move-up buyers are common. Many homeowners have significant equity built up over years.
That equity is your tool. A bridge loan lets you deploy it before your sale closes — giving you real buying power in a tight market.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your sale takes longer than expected.
No. That's the point. You buy the new property first, then sell your existing home to pay off the bridge loan.
Requirements vary by lender. Strong credit helps, but equity in your current home is the bigger factor here.
Yes. Most lenders just want a credible exit strategy. Being listed helps, but it's not always required to close.
Yes. Bridge loans are short-term, non-QM products. Rates run higher than conventional loans. Rates vary by borrower profile and market conditions.
Most lenders want at least 20% combined equity across both properties. Higher equity usually means better terms.
Bridge Loans in Pleasanton