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Sand City sits in a tight Monterey County market. Homes move fast, and timing gaps between buying and selling are common.
A bridge loan fills that gap. You borrow against your current home's equity to fund the next purchase — no waiting on a sale.
6–12 Months
Typical Loan Term
20–30% Min
Equity Required
640+
Min Credit Score
10–15 Business Days
Avg Close Time
Non-QM
Loan Classification
Bridge Loans in Sand City
Bridge loans are non-QM products. Lenders care more about your equity position than your debt-to-income ratio.
Most lenders want at least 20–30% equity in your current home. 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 Sand City.
Sand City sits in a tight Monterey County market. Homes move fast, and timing gaps between buying and selling are common.
A bridge loan fills that gap. You borrow against your current home's equity to fund the next purchase — no waiting on a sale.
Bridge loans are non-QM products. Lenders care more about your equity position than your debt-to-income ratio.
Big retail banks rarely offer bridge loans. This is non-QM territory — you need a broker with wholesale access.
SRK CAPITAL works with 200+ wholesale lenders. We find the bridge programs that fit your timeline and equity stack.
The biggest mistake I see: borrowers wait too long. They find their next home, then scramble to fund it.
Get pre-approved for your bridge loan before you make an offer. Sellers in Monterey County don't wait around.
A HELOC is cheaper — but it can take weeks and requires your home to stay listed. Bridge loans close faster.
Hard money is another option. It's faster still, but costs more. Bridge loans sit between HELOC and hard money on cost and speed.
Sand City's retail corridor and coastal proximity keep demand steady. Properties don't sit long at any price point.
As of April 2026, Monterey County inventory remains constrained. A bridge loan lets you act without a sale contingency.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your sale timeline runs long.
No. That's the point. You buy first, then sell. Your current home is the collateral.
Most lenders want 640 or higher. Strong equity can offset a lower score with some programs.
Yes. These are short-term, non-QM products. Rates are higher, but the loan is designed to be paid off quickly. Rates vary by borrower profile and market conditions.
Yes. Bridge loans work for both owner-occupied and investment properties. Investor deals may carry stricter equity requirements.
Many bridge loans close in 10–15 business days. That's a major edge in a competitive local market.