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Coachella moves quickly. When the right property appears, waiting on a home sale can cost you the deal.
Bridge loans give you short-term capital now. You buy the new property, then sell the old one on your timeline.
6–24 Months
Typical Loan Term
Usually Interest-Only
Rate Type
Non-QM
Loan Classification
Existing Home Equity
Key Qualifier
7–21 Days
Typical Close Time
Bridge Loans in Coachella
Bridge loans are non-QM. Lenders skip the standard debt-to-income rules that block most conventional loans.
Equity is the main qualifier. Lenders want significant equity in your current property to secure the loan.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Coachella.
Coachella moves quickly. When the right property appears, waiting on a home sale can cost you the deal.
Bridge loans give you short-term capital now. You buy the new property, then sell the old one on your timeline.
Bridge loans are non-QM. Lenders skip the standard debt-to-income rules that block most conventional loans.
Banks rarely offer bridge loans. Most of this market lives with private lenders and wholesale channels.
At SRK CAPITAL, we shop 200+ wholesale lenders. That means real competition on terms, not one bank's take-it-or-leave-it offer.
The borrowers who mess up bridge loans skip the exit strategy. Have a firm sale date or a clear refi plan before you close.
Coachella has a real investor community. Bridge loans here often fund fix-and-flip and rental acquisition deals — not just primary residence moves.
Hard money loans are the closest cousin. Bridge loans typically carry lower rates but need more equity to qualify.
Construction loans fund building. Bridge loans fund buying. If you need both, we can structure them to work together.
Coachella sits in the Coachella Valley, Riverside County. The area draws investors chasing short-term rental income and land plays.
Festival season creates real urgency. Buyers sometimes need bridge capital fast to lock properties before demand spikes again.
Most bridge loans run 6 to 24 months. That gives you time to sell your existing property or refinance into long-term debt.
Requirements vary by lender. Equity position typically matters more than credit score in bridge loan approvals.
Yes. Many Coachella investors use bridge loans to acquire properties fast. The rental income or a future sale becomes the exit.
Most are. You pay interest monthly and repay the principal when you sell or refinance. Confirm structure with your lender.
Significantly faster than conventional loans. Some private lenders close bridge loans in 7–14 days depending on the deal.
That's the key risk. Have a backup plan — a refi or price reduction strategy — before you take on a bridge loan.