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Truckee moves fast. Inventory is tight, and sellers rarely wait for buyers to close on their current home.
A bridge loan gives you short-term cash to buy now. You repay it once your existing property sells.
6–12 Months
Typical Loan Term
Equity, Not Income
Approval Driver
Higher Than Conv.
Rate Type
7–14 Days Possible
Close Speed
Typically 20%+
Equity Needed
Bridge Loans in Truckee
Bridge loans are non-QM products. Lenders care more about equity than your W-2 or debt-to-income ratio.
You generally need strong equity in your current home — most lenders want 20% or more after the bridge.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Truckee.
Truckee moves fast. Inventory is tight, and sellers rarely wait for buyers to close on their current home.
A bridge loan gives you short-term cash to buy now. You repay it once your existing property sells.
Bridge loans are non-QM products. Lenders care more about equity than your W-2 or debt-to-income ratio.
Big banks rarely offer bridge loans. This is wholesale and private lender territory.
We work with 200+ lenders. That gives us real options — not just one or two bridge programs to pick from.
Your exit strategy is everything on a bridge loan. Lenders want to know exactly how you're paying this back.
If your current home is listed and priced right, that's a strong exit. If it's not on market yet, expect harder questions.
Hard money loans are the closest alternative. They're also asset-based, but often carry higher rates and fees.
A HELOC on your current home is cheaper — but takes weeks to set up and requires enough available equity.
Truckee is a resort market. Many properties are vacation or second homes — that affects how lenders assess risk.
Seasonal sales cycles matter here. A home listed in March sells differently than one listed in November.
Most bridge loans run 6 to 12 months. Some lenders extend to 18 months for resort markets like Truckee.
No. That's the point. You buy first, then sell. Lenders just need a credible plan for how the sale happens.
It varies by lender. Equity matters more than credit score on most bridge programs — but score still affects your rate.
Yes, but expect more scrutiny. Second homes and investment properties carry higher risk in lenders' eyes.
Some lenders offer extensions — usually at a cost. Talk through worst-case scenarios before you close the bridge.
Faster than most loans. Private lenders can close in 7 to 14 days. That speed is the whole value in a competitive market.