Loading
Loading
Plymouth sits in Amador County wine country. Properties here move on their own timeline — and sellers rarely wait for your existing home to close.
A bridge loan buys you time. You close on the new property now and repay the loan when your current home sells.
6 – 12 Months
Typical Loan Term
20%+ Typical
Equity Required
Non-QM
Loan Type
Equity-Based
Qualification Focus
Bridge Loans in Plymouth
Bridge loans are non-QM products. Lenders focus on equity in your current home, not just your debt-to-income ratio.
You generally need strong equity — often 20% or more — in your departing property. Credit still matters, but flexibility is higher than conventional loans.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Plymouth.
Plymouth sits in Amador County wine country. Properties here move on their own timeline — and sellers rarely wait for your existing home to close.
A bridge loan buys you time. You close on the new property now and repay the loan when your current home sells.
Bridge loans are non-QM products. Lenders focus on equity in your current home, not just your debt-to-income ratio.
Most retail banks don't offer bridge loans. You need a broker with access to portfolio lenders and private capital sources.
At SRK CAPITAL, we shop across 200+ wholesale lenders. That means real options — not just whatever one bank has on the shelf.
The biggest mistake I see: borrowers wait too long. They find the right property in Plymouth, hesitate on the bridge loan, and lose it.
Bridge loans are a tool, not a last resort. Used right, they let you negotiate from strength — as a non-contingent buyer.
Hard money loans are the closest alternative. They're faster to close but carry higher rates and shorter terms.
Interest-only loans offer lower payments but don't solve the timing problem. Bridge loans are specifically built for buy-before-you-sell scenarios.
Amador County properties often include acreage, outbuildings, or mixed-use land. That complexity can slow conventional appraisals.
Bridge lenders can move faster than traditional underwriters. For Plymouth buyers, that speed difference can decide who gets the property.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months depending on your equity and exit plan.
No — that's the point. You close on the new property now. The sale of your current home repays the bridge loan.
Yes. Bridge loans carry higher rates due to short terms and added risk. Rates vary by borrower profile and market conditions.
Yes. Bridge lenders assess equity and exit strategy — not property type. Amador County land and rural parcels qualify regularly.
You need a clear exit strategy before closing. Some lenders offer extensions, but plan for a timely sale from the start.