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Seaside sits in one of California's most competitive coastal corridors. Good properties move fast, and waiting to sell first can cost you the deal.
A bridge loan gives you short-term cash to close on the new property now. You repay it once your existing home sells.
6–12 Months
Typical Loan Term
620+
Min Credit Score
20–30% Min
Equity Required
Non-QM
Loan Type
10–15 Business Days
Est. Close Time
Bridge Loans in Seaside
Bridge loans are non-QM products. That means lenders care more about your equity and exit strategy than your W-2 income.
You typically need strong equity in your departing property — most lenders want at least 20–30% equity. Your credit still matters, but it's not the whole picture.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Seaside.
Seaside sits in one of California's most competitive coastal corridors. Good properties move fast, and waiting to sell first can cost you the deal.
A bridge loan gives you short-term cash to close on the new property now. You repay it once your existing home sells.
Bridge loans are non-QM products. That means lenders care more about your equity and exit strategy than your W-2 income.
Most banks don't offer bridge loans. This is a specialty product, and retail lenders rarely have it on the shelf.
At SRK CAPITAL, we work with 200+ wholesale lenders — many of them specialize in exactly this kind of short-term financing. We shop the market so you get terms that actually make sense.
The borrowers who get burned on bridge loans are the ones without a solid exit. Before we structure anything, we look hard at your sell timeline and your equity cushion.
We also watch the carrying cost. Bridge rates run higher than conventional — that monthly cost adds up. We size the loan so you're not bleeding cash while you wait for close.
Hard money loans are the closest alternative. They're also short-term and asset-based, but fees tend to be higher and terms shorter.
A HELOC on your departing property can work too — if you have time to get one approved. Bridge loans close faster, which matters in Seaside's market.
Seaside is part of the Monterey Peninsula, where inventory stays tight and desirable homes don't sit. Contingent offers often lose to clean ones.
A bridge loan lets you make a non-contingent offer. That alone can be the difference between getting the property and watching someone else take it.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if you need more time to sell.
Requirements vary by lender, but most want at least a 620. Strong equity can offset a lower score. Rates vary by borrower profile and market conditions.
Yes. Bridge loans work for both primary residences and investment properties. Lender terms may differ between the two.
Some lenders allow extensions — often for a fee. Have this conversation before you close. Know your options if the sale drags.
Yes. Bridge loans carry higher rates than conventional mortgages. They're designed for short-term use, not long-term holding. Rates vary by borrower profile and market conditions.
Many bridge loans close in 10 to 15 business days. Speed depends on the lender and how quickly you provide documentation.