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Garden Grove is a competitive Orange County market. Sellers here rarely wait for contingent buyers.
A bridge loan lets you act like a cash buyer. You close on the new property before your current home sells.
6–12 Months
Typical Loan Term
650+
Min Credit Score
20%+ in Current Home
Equity Needed
Interest-Only Common
Rate Type
Non-QM
Loan Category
Bridge Loans in Garden Grove
Bridge loans are non-QM products. Lenders underwrite them differently than conventional loans.
Expect to show equity in your current home. Most lenders want at least 20% equity before they'll fund the bridge.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Garden Grove.
Garden Grove is a competitive Orange County market. Sellers here rarely wait for contingent buyers.
A bridge loan lets you act like a cash buyer. You close on the new property before your current home sells.
Bridge loans are non-QM products. Lenders underwrite them differently than conventional loans.
Big banks rarely do bridge loans anymore. This is a wholesale and private lender product.
At SRK CAPITAL, we work with 200+ lenders. Several specialize in short-term bridge financing for Orange County borrowers.
Most borrowers come to us after losing a bid due to a sale contingency. The bridge loan solves that problem directly.
We structure deals where the bridge covers the down payment on the new home. Your existing equity does the work.
Hard money loans are faster but more expensive. Bridge loans typically offer better rates when you have strong equity.
Home equity lines of credit are cheaper — but they take time to set up and won't work if your home is already listed.
Garden Grove sits between Anaheim and Westminster. Demand stays consistent year-round in this corridor.
Many homeowners here have built significant equity over the past decade. That equity is exactly what makes bridge financing work.
Most bridge loans run 6 to 12 months. That gives you time to sell your current home without pressure.
No. The whole point is buying before you sell. Lenders just need enough equity in your existing property.
Most lenders want 650 or above. Strong equity can sometimes offset a lower score depending on the lender.
Yes. Bridge loans carry higher rates because they're short-term and non-QM. Rates vary by borrower profile and market conditions.
Yes. Bridge loans work for both primary residences and investment properties. Lender terms differ for each.
Some lenders allow extensions. Discuss your exit strategy upfront — a clear sale timeline protects you.