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Danville is a high-demand market. Sellers rarely wait, and contingent offers get passed over.
A bridge loan lets you buy your next home now. You repay it once your current home sells.
6–12 Months
Typical Loan Term
20%+ in Current Home
Equity Required
620+
Min Credit Score
200+ Wholesale Lenders
Lender Access
Varies by Profile
Rate Type
Bridge Loans in Danville
Bridge loans are asset-based. Your existing home's equity drives approval more than income docs.
Most lenders want at least 20% equity in your departing home. Strong credit helps but isn't everything.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Danville.
Danville is a high-demand market. Sellers rarely wait, and contingent offers get passed over.
A bridge loan lets you buy your next home now. You repay it once your current home sells.
Bridge loans are asset-based. Your existing home's equity drives approval more than income docs.
Banks rarely do bridge loans anymore. Most of this volume runs through private and wholesale lenders.
SRK CAPITAL works with 200+ wholesale lenders. We find the ones actively pricing bridge deals in Contra Costa.
The biggest mistake we see: waiting too long to explore bridge financing. By the time you find the home, it's too late.
Get pre-approved for the bridge before you start shopping. Sellers in Danville take clean offers seriously.
Hard money moves faster but costs more. A bridge loan is cleaner if you have strong equity.
Interest-only loans are long-term tools. Bridge loans are built for a specific short window — usually under a year.
Danville sits in one of Contra Costa's most competitive pockets. Homes here move fast when priced right.
A contingent offer in this zip code is often a dead offer. Bridge financing removes that obstacle entirely.
You borrow against your current home's equity to fund the new purchase. Once your home sells, you pay off the bridge.
Most lenders want 620 or higher. Equity in your departing property often matters more than credit alone.
Usually 6 to 12 months. Some lenders extend to 24 months with a solid exit strategy in place.
Yes. Lenders account for both payments in their underwriting. Strong reserves help get this approved.
They're different, not harder. Approval is equity-driven, not income-driven. The process moves faster too.
Yes. SRK CAPITAL works with private and wholesale lenders actively funding bridge deals in Danville and surrounding areas.