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Anaheim moves fast. When the right property appears, waiting to sell first often means losing the deal.
A bridge loan gives you short-term cash to close on the new property. You repay it once your current home sells.
6–12 months
Typical Loan Term
~620 (flexible)
Min. Credit Score
20–30% in departing home
Equity Required
7–14 days
Est. Close Time
Non-QM
Loan Classification
Bridge Loans in Anaheim
Bridge loans are asset-based. Lenders focus on your equity, not just your income or credit score.
Most lenders want at least 20–30% equity in your departing property. Strong equity means faster approvals.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Anaheim.
Anaheim moves fast. When the right property appears, waiting to sell first often means losing the deal.
A bridge loan gives you short-term cash to close on the new property. You repay it once your current home sells.
Bridge loans are asset-based. Lenders focus on your equity, not just your income or credit score.
Banks rarely offer bridge loans. This product lives in the private and wholesale lending space.
We work with 200+ wholesale lenders. That means real options on rate, term, and structure — not one bank's take-it-or-leave-it offer.
The biggest mistake I see: borrowers underestimate carrying costs. You're paying two mortgages until the sale closes.
Run the numbers on your worst-case timeline. If your home takes 90 days to sell, can you handle 3 months of overlap?
Hard money loans are close cousins to bridge loans. Hard money is faster but typically carries higher rates.
A HELOC (home equity line of credit) is cheaper if you qualify — but approval takes weeks and banks cap the draw.
Orange County sellers often receive multiple offers. A contingent offer — sell first, then buy — rarely wins here.
A bridge loan lets you submit a clean, non-contingent offer. That changes how sellers and their agents see you.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if the exit strategy is strong.
No. The bridge loan is designed for buying before you sell. Your departing property secures the loan.
Yes. Bridge loans work for both primary residences and investment properties. Lender terms differ by property type.
There is no hard minimum — equity matters more. That said, most lenders want to see at least a 620 score.
Private lenders can close in 7–14 days in many cases. That speed is a core reason borrowers choose bridge over conventional.
Talk to your lender upfront about extension options. Many offer 3–6 month extensions, sometimes with a fee.