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Artesia sits in a tight LA County submarket. Homes move fast, and waiting to sell before you buy often means losing the deal.
A bridge loan gives you buying power now. You tap your current home's equity and close on the new property without a contingency.
6–12 Months
Typical Loan Term
620+
Min Credit Score
20–30%
Equity Required
Varies by lender
Rate Type
Non-QM
Loan Category
Bridge Loans in Artesia
Bridge loans are non-QM products. Lenders look at equity, not just income. You generally need 20–30% equity in your current home.
Credit still matters. Most lenders want a 620+ score. Strong equity can offset weaker financials in some cases.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Artesia.
Artesia sits in a tight LA County submarket. Homes move fast, and waiting to sell before you buy often means losing the deal.
A bridge loan gives you buying power now. You tap your current home's equity and close on the new property without a contingency.
Bridge loans are non-QM products. Lenders look at equity, not just income. You generally need 20–30% equity in your current home.
Banks rarely offer bridge loans. You won't find this at a retail branch. Private and wholesale lenders are where these deals get done.
We work with 200+ wholesale lenders at SRK CAPITAL. That reach matters on a niche product like this — rate and term spreads vary widely.
The biggest mistake I see: borrowers wait too long. By the time they're in escrow on a new home, they have no time to structure the bridge.
Start the bridge conversation before you find the next property. Knowing your borrowing capacity shapes your offer strategy from day one.
Hard money loans are the closest alternative. They're faster but typically carry higher rates and fees than a structured bridge loan.
Interest-only loans solve a different problem — they lower monthly payments but don't give you the short-term equity access a bridge does.
Artesia is a dense, established community. Inventory is limited and competition is real. A non-contingent offer stands out here.
LA County's high price points mean equity builds fast. Many Artesia homeowners have substantial equity — that's exactly what bridge loans are built on.
Most bridge loans run 6 to 12 months. Some lenders offer up to 24 months depending on the deal structure.
No. That's the point of a bridge loan. You close on the new property first, then sell your existing home.
Lenders require a clear exit strategy upfront. If the sale delays, some lenders offer short extensions — but plan conservatively.
They're different, not necessarily harder. Equity is the main driver. Income documentation is more flexible since these are non-QM products.
Yes. Bridge loans work on investment properties. Lender terms may differ from owner-occupied deals, so shop carefully.