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Lancaster's Antelope Valley market moves faster than most buyers expect. Bridge loans let you close on a new home before your current property sells.
Most buyers in the high desert need 30-90 day financing windows. Traditional contingent offers rarely compete in this market.
Bridge Loans in Lancaster
Lenders focus on your combined equity, not your W-2. You need 25-30% equity in your current home and proof you can carry both mortgages short-term.
Credit matters less than equity position. Most lenders approve borrowers at 620+ if the numbers work on paper.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Lancaster.
Lancaster's Antelope Valley market moves faster than most buyers expect. Bridge loans let you close on a new home before your current property sells.
Most buyers in the high desert need 30-90 day financing windows. Traditional contingent offers rarely compete in this market.
Lenders focus on your combined equity, not your W-2. You need 25-30% equity in your current home and proof you can carry both mortgages short-term.
Bridge loans aren't bank products. You're dealing with private lenders and specialty finance companies that price based on risk and speed.
Rates run 8-12% because you're paying for liquidity, not long-term financing. Expect 2-3 points in fees for 60-90 day money.
Our network includes lenders who close in 7-10 days. Speed costs more, but it wins deals in competitive situations.
Most Lancaster buyers use bridge loans wrong. They treat them like extended financing instead of tactical tools to win a deal.
Your exit strategy matters more than the loan terms. Line up your conventional refi or confirm your sale timeline before you close the bridge.
We structure these with your takeout financing already mapped. That means knowing which conventional lender approves you before the bridge funds.
Hard money loans work for investment properties. Bridge loans work for owner-occupied transitions between homes.
Interest-only loans lower your monthly carry cost. Bridge loans solve timing problems when you can't wait for a sale.
Construction loans fund builds over time. Bridge loans fund purchases when you need money now.
Lancaster's market splits between aerospace workers upgrading and LA County relocators downsizing. Both groups carry significant equity.
Properties here sell slower than metro LA. Build 60-90 days into your bridge term, not 30. The high desert isn't downtown.
Appraisals come in conservative in Antelope Valley. Lenders haircut your property value 10-15% below recent comps for bridge underwriting.
Most lenders approve in 3-5 days with full documentation. Funding happens 7-10 days from application if appraisal clears quickly.
Yes, but lenders price it higher. Expect an extra 1-2% in rate if you haven't engaged a listing agent with a CMA.
Most lenders offer one 30-day extension at 1-2 points. After that, you're refinancing into conventional debt or facing default.
Some lenders allow it, but hard money loans price better for pure investment plays. Bridge loans optimize for owner-occupied transitions.
Most lenders require 25-30% equity minimum. They'll lend up to 75-80% combined LTV across both properties.
Yes, if the home is complete or near completion. Builders often accept bridge financing because it removes sale contingencies.