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Irvine moves fast. When a home hits the market, you often have days — not weeks — to act.
A bridge loan lets you buy the next property now. You repay it once your current home sells.
6–12 months
Typical Loan Term
Interest-only common
Rate Type
Equity, not just credit
Key Qualifier
Non-QM / Private
Loan Category
5–10 business days
Est. Close Time
Bridge Loans in Irvine
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 home. Strong credit helps but isn't the sole factor.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Irvine.
Irvine moves fast. When a home hits the market, you often have days — not weeks — to act.
A bridge loan lets you buy the next property now. 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 anymore. Most of this volume runs through private and wholesale lenders.
At SRK CAPITAL, we work with 200+ wholesale lenders. We find the bridge product that fits your timeline and equity position.
The mistake I see most: borrowers wait too long to set up the bridge loan. Get it in place before you find the next home.
Also watch the carry costs. A bridge loan is short-term by design, but two mortgage payments add up fast.
A HELOC is cheaper but slower. In Irvine's market, that delay can cost you the deal.
Hard money loans are similar in speed but often carry higher costs. Bridge loans from institutional lenders hit a better middle ground.
Irvine's master-planned communities — Woodbury, Portola Springs, Orchard Hills — have tight inventory. Contingent offers get passed over.
A bridge loan removes the sale contingency. That makes your offer far more competitive against other buyers.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if you need more time to sell.
Yes. That's the primary use case. You close on the new home without needing your current sale to fund it.
Many bridge loans are interest-only. Some lenders defer payments entirely until the departing home sells.
No hard minimum applies across lenders. Equity position and a clear exit strategy matter more than your score.
Yes. Condos and single-family homes both qualify. Lender guidelines vary, so terms depend on the specific property.
Experienced private lenders can close in 5 to 10 business days. That speed is why buyers use them here.