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Paradise is a rebuilding town. Buyers here often move quickly when the right property appears.
A bridge loan lets you buy before your current home sells. That speed matters in a market with limited inventory.
6–12 Months
Typical Loan Term
20%+ of Current Home
Equity Usually Required
620+
Typical Min Credit
Interest-Only Common
Rate Type
Non-QM
Loan Category
Bridge Loans in Paradise
Bridge loans are non-QM products. Lenders care more about equity and exit strategy than your debt-to-income ratio.
You generally need strong equity in your current home — often 20% or more. Your credit still matters, but it's not the whole story.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Paradise.
Paradise is a rebuilding town. Buyers here often move quickly when the right property appears.
A bridge loan lets you buy before your current home sells. That speed matters in a market with limited inventory.
Bridge loans are non-QM products. Lenders care more about equity and exit strategy than your debt-to-income ratio.
Big retail banks rarely offer bridge loans. This is a specialty product that lives in the wholesale and private lending space.
SRK CAPITAL works with 200+ wholesale lenders. We can shop bridge programs most borrowers can't access on their own.
The borrowers who struggle with bridge loans don't have bad credit — they have weak exit plans. Know how you're paying this off.
In Paradise, properties can sit longer than sellers expect. Build extra time into your payoff timeline. Don't assume a 60-day sale.
Hard money loans are the closest alternative. They're faster but typically carry higher rates and fees than a bridge loan.
A HELOC (home equity line of credit) can work if your current home has equity and time isn't critical. Bridge loans win on speed.
Paradise has been rebuilding since the 2018 Camp Fire. New construction and resale inventory both move unpredictably here.
That unpredictability makes bridge loans a real tool — not just a convenience. Missing a rebuild opportunity can mean waiting years.
Most bridge loans run 6 to 12 months. Some lenders allow up to 24 months depending on your exit plan and equity.
Yes, but lenders will scrutinize the collateral closely. Strong equity and a clear sale or refi timeline are essential.
There's no hard universal minimum. Most lenders want 620+, but equity and exit strategy carry more weight.
Some bridge loans defer payments until the loan matures. Others require monthly interest-only payments. It depends on the lender.
You'll need to refinance or pay off the bridge loan another way. This is why exit planning matters before you close.