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Commerce sits in the industrial heart of Los Angeles County where properties move fast. Bridge loans let you buy before selling when timing matters.
Most Commerce buyers use bridge loans for investment properties or business relocations. Waiting to sell first means losing deals in this competitive market.
Bridge Loans in Commerce
Lenders approve based on combined property value, not income. You need equity in your current property and a clear exit strategy.
Expect 25-35% down on the new purchase. Your existing property serves as additional collateral, so total loan-to-value across both properties matters more than credit score.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Commerce.
Commerce sits in the industrial heart of Los Angeles County where properties move fast. Bridge loans let you buy before selling when timing matters.
Most Commerce buyers use bridge loans for investment properties or business relocations. Waiting to sell first means losing deals in this competitive market.
Lenders approve based on combined property value, not income. You need equity in your current property and a clear exit strategy.
Only specialized non-QM lenders offer bridge loans. Your bank won't do these—they lack the risk appetite and underwriting speed.
Our network includes 15+ bridge lenders with different appetites. Some prefer residential, others focus on commercial or mixed-use like you find in Commerce.
Bridge loans cost more but save deals. I've seen Commerce buyers pay $15K in extra interest to secure properties they flipped for $200K profit.
The key is realistic exit timing. If your current property needs work before listing, add two months to your estimate. Lenders hate extension requests.
Hard money loans close faster but cost 12-15%. Bridge loans take an extra week for 8-12% rates—worth it if you can wait.
Construction loans work for ground-up projects but require 18+ month terms. Bridge loans max out at 12 months and suit quick transitions better.
Commerce properties mix residential, commercial, and industrial uses. Bridge lenders price these differently—industrial carries higher rates due to longer sale timelines.
Proximity to I-5 and I-710 affects property liquidity. Lenders view well-located Commerce properties as lower risk, which translates to better loan terms.
Most bridge loans close in 10-14 days. Cash-out scenarios or complex properties may add a week.
Most lenders offer 6-month extensions for 1-2 points. Plan this cost into your budget from day one.
Yes, investors use bridge loans frequently. Rates run slightly higher than owner-occupied scenarios.
Yes, but bridge loans are interest-only. This keeps monthly costs manageable while carrying two properties.
Lenders can foreclose on either property. Only use bridge loans with solid exit plans and financial cushion.