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Tustin moves fast. When the right home hits the market, you rarely have time to wait for your current home to sell.
A bridge loan gives you short-term cash to close on the new property. You repay it once your existing home sells.
6–12 Months
Typical Loan Term
20–30% Typical
Equity Required
620+ (Varies)
Min Credit Score
10–15 Bus. Days
Close Timeline
Interest-Only Common
Rate Type
Bridge Loans in Tustin
Bridge loans are non-QM products. That means lenders care more about your equity and exit strategy than your tax returns.
Most lenders want at least 20–30% equity in your current home. Strong credit helps, 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 Tustin.
Tustin moves fast. When the right home hits the market, you rarely have time to wait for your current home to sell.
A bridge loan gives you short-term cash to close on the new property. You repay it once your existing home sells.
Bridge loans are non-QM products. That means lenders care more about your equity and exit strategy than your tax returns.
Big banks rarely offer bridge loans anymore. You need a wholesale lender or private money source who knows this product.
At SRK CAPITAL, we shop bridge loan programs across 200+ wholesale lenders. Rates and terms vary widely — comparison matters.
The biggest mistake I see: borrowers wait too long to apply. Bridge loan approvals take time — start before you find the house.
Your exit strategy has to be airtight. Lenders want to see the departing property listed or under contract when possible.
Hard money loans are the closest alternative. They're faster but carry higher rates and fees than most bridge products.
A HELOC on your current home is cheaper — but takes longer to set up and may not close in time for a competitive offer.
Tustin sits in one of Orange County's most competitive corridors. Non-contingent offers win here — consistently.
Properties near The District and Tustin Legacy move especially quick. A contingent offer in those pockets rarely competes.
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 buy first, then sell. Most lenders just want your departing home listed or near ready.
Requirements vary by lender. Most want 620 or higher, but equity and exit strategy carry more weight. Rates vary by borrower profile and market conditions.
Yes. Bridge loans work for primary homes, not just investment properties. Your equity position drives the approval more than property type.
Faster than conventional loans — often 10 to 15 business days. Speed depends on the lender and how ready your docs are.
You'll need an extension or to refinance into another short-term product. This is why your exit strategy matters from day one.