Loading
Loading
Laguna Niguel moves fast. Sellers here rarely wait for contingent offers.
A bridge loan lets you make a clean, non-contingent offer on your next home. You tap your current home's equity before it sells.
6–12 months
Typical Loan Term
680+
Common Min. Credit
30%+ in current home
Equity Needed
Non-QM
Loan Classification
Bridge Loans in Laguna Niguel
Bridge loans are non-QM products. Lenders underwrite them differently than conventional loans.
Most lenders want significant equity in your departing home — usually 30% or more. Credit standards vary by lender, but 680+ is a common floor.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Laguna Niguel.
Laguna Niguel moves fast. Sellers here rarely wait for contingent offers.
A bridge loan lets you make a clean, non-contingent offer on your next home. You tap your current home's equity before it sells.
Bridge loans are non-QM products. Lenders underwrite them differently than conventional loans.
Most retail banks don't offer bridge loans. You need a broker with access to non-QM wholesale lenders.
SRK CAPITAL works with 200+ wholesale lenders. We know which ones price bridge loans competitively for Orange County properties.
The biggest mistake I see? Borrowers underestimate carrying costs. You're paying two mortgages during the overlap period.
Run the numbers before you commit. Short-term pain can be worth it if you're buying into a property you'd otherwise lose to a cash buyer.
Hard money loans are the closest alternative. They're faster but often carry higher costs and shorter terms.
Interest-only loans can also reduce short-term payment pressure. But they won't solve a timing gap the way a bridge loan does.
Laguna Niguel sits in one of Orange County's most stable luxury corridors. Homes here hold value, which supports strong bridge loan collateral.
Sellers in this market attract multiple offers quickly. A contingency-free offer backed by a bridge loan can be the difference between getting the home and watching it go.
Most bridge loans run 6 to 12 months. Some lenders offer up to 24 months if your exit timeline is longer.
No — that's the point. You close on the new property first, then sell your existing home within the loan term.
Yes, significantly. These are short-term, non-QM products and priced accordingly. Rates vary by borrower profile and market conditions.
Some lenders bundle the bridge and new purchase. Others keep them separate. A broker can find the structure that fits your situation.
That's the real risk. Have a backup plan — a price reduction strategy or a rental fallback — before you close the bridge loan.