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Shafter sits in Kern County's agricultural and logistics corridor. Properties move, but timing rarely lines up perfectly.
A bridge loan covers your next purchase while your current property is still on the market. No waiting, no contingencies.
6–12 Months
Typical Loan Term
25–30% Min
Equity Required
Non-QM
Loan Type
620+ Typical
Credit Flexibility
Bridge Loans in Shafter
Bridge loans are non-QM products. Lenders focus on equity and exit strategy, not just your W-2 income.
Most lenders want at least 25–30% equity in your departing property. Strong credit helps, but it's not the only factor.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Shafter.
Shafter sits in Kern County's agricultural and logistics corridor. Properties move, but timing rarely lines up perfectly.
A bridge loan covers your next purchase while your current property is still on the market. No waiting, no contingencies.
Bridge loans are non-QM products. Lenders focus on equity and exit strategy, not just your W-2 income.
Most retail banks don't offer bridge loans. You need a broker with access to private and wholesale lenders.
At SRK CAPITAL, we work with 200+ wholesale lenders. That means more bridge programs, better terms, and faster closings.
The deals that fall apart aren't from bad credit. They're from borrowers with no clear exit plan.
Know your timeline. If your current home sells in 90 days, your bridge loan math works. If it takes 8 months, pressure builds fast.
Hard money loans are the closest alternative. They're faster but carry higher rates and fees.
A sale contingency offer is cheaper but weak in a competitive market. Sellers in Kern County often reject them outright.
Shafter's market includes agricultural land, industrial-adjacent residential, and logistics worker housing. Not every property fits standard financing.
Bridge loans work well here because the buyer pool is smaller. Your existing home may take time to sell. Plan for that in your loan term.
Most bridge loans run 6 to 12 months. Some lenders offer extensions, but expect higher costs if you need more time.
No. That's the point of a bridge loan. You close on your new property first, then sell your existing home.
There's no universal minimum. Lenders weigh equity and exit strategy heavily. Scores in the 620–680 range can still qualify.
Possibly. Non-QM and private lenders are more flexible with property types. Each deal gets evaluated on its own merits.
You'll need to repay or refinance the bridge loan. Having a realistic listing price from day one prevents this problem.
Yes. Bridge loans carry higher rates because they're short-term and higher-risk. Rates vary by borrower profile and market conditions.