Loading
Loading
Buena Park moves fast. When you find the right property, waiting for your current home to sell is not an option.
A bridge loan gives you short-term cash to close on the new purchase. You repay it once your existing home sells.
6–12 Months
Typical Loan Term
20–30% Min.
Equity Required
Non-QM
Loan Type
As Fast as 2 Weeks
Est. Close Time
Bridge Loans in Buena Park
Bridge loans are non-QM products. Lenders care more about your equity and exit strategy than your debt-to-income ratio.
You generally need strong equity in your current home — often 20–30%. Your credit still matters, 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 Buena Park.
Buena Park moves fast. When you find the right property, waiting for your current home to sell is not an option.
A bridge loan gives you short-term cash to close on the new purchase. You repay it once your existing home sells.
Bridge loans are non-QM products. Lenders care more about your equity and exit strategy than your debt-to-income ratio.
Most retail banks don't offer bridge loans. You need a wholesale lender or private lender who specializes in short-term financing.
At SRK CAPITAL, we work with 200+ wholesale lenders. We find the bridge product that fits your timeline and equity position.
The deals I see fall apart when buyers lowball their timeline. A 6-month bridge sounds like plenty — until escrow drags.
Build in buffer. Ask your broker about extension options before you sign. Not every lender offers them.
Hard money loans are the closest alternative. They're faster but typically carry higher rates and shorter terms.
If you're an investor buying to flip or rent, a DSCR or investor loan might fit better than a bridge product.
Buena Park sits in a dense Orange County pocket. Homes here often attract multiple offers, which compresses decision time.
That speed makes bridge financing practical. You can write a non-contingent offer without waiting on your current sale.
Most bridge loans run 6 to 12 months. Some lenders offer extensions if your home hasn't sold yet.
No. That's the point. You borrow against your current home's equity to close on the new property first.
There's no universal minimum. Lenders focus heavily on equity and your plan to repay. Rates vary by borrower profile and market conditions.
Yes. Bridge loans work for owner-occupied and investment properties. Investor deals often come with stricter equity requirements.
Yes, typically. These are short-term, higher-risk products. Rates vary by borrower profile and market conditions.
Faster than conventional loans — sometimes within 2 weeks. Speed depends on the lender and how quickly you provide documents.