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Montclair sits in the Inland Empire, where move-up buyers face a real timing problem. Homes move fast, and waiting on your sale can cost you the next deal.
A bridge loan is short-term financing — typically 6 to 12 months — that lets you tap your current home's equity to close on the next one. You don't wait for escrow to close first.
6–12 months
Typical Loan Term
20–30% min.
Equity Required
Non-QM
Loan Type
7–14 days
Est. Close Time
Bridge Loans in Montclair
Bridge loans are non-QM products. That means lenders don't follow standard agency guidelines. Qualification focuses on equity, not debt-to-income ratios.
Most lenders want at least 20–30% equity in your departing home. Strong credit helps, but the asset is what drives approval here.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Montclair.
Montclair sits in the Inland Empire, where move-up buyers face a real timing problem. Homes move fast, and waiting on your sale can cost you the next deal.
A bridge loan is short-term financing — typically 6 to 12 months — that lets you tap your current home's equity to close on the next one. You don't wait for escrow to close first.
Bridge loans are non-QM products. That means lenders don't follow standard agency guidelines. Qualification focuses on equity, not debt-to-income ratios.
Retail banks rarely do bridge loans. This is private lender and wholesale territory. Rates are higher than conventional — that's the cost of speed and flexibility.
As a broker with access to 200+ wholesale lenders, we shop bridge programs most borrowers never see at a bank. The right lender can close in days, not weeks.
The biggest mistake I see is waiting too long. A buyer finds the right home in Montclair, hesitates on the bridge loan, and loses it to a cash offer.
Have your current home's equity assessed before you start shopping. Know your numbers going in. That prep is what separates a clean bridge loan from a stressful one.
Hard money loans are similar but often carry higher rates and shorter terms. Bridge loans typically offer slightly more structure and longer repayment windows.
Interest-only loans serve a different purpose — long-term cash flow management. A bridge loan is a surgical tool: short timeline, specific exit, done.
Montclair is a dense, transit-connected city in San Bernardino County. Properties here tend to attract offers quickly when priced right.
That speed is both an opportunity and a pressure point. Move-up buyers who can act without a sale contingency win deals. Bridge loans make that possible.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your exit strategy supports it.
No — that's the point. A bridge loan funds your new purchase while your current home is still on the market.
Requirements vary by lender. Most private lenders prioritize equity over credit score, but stronger credit improves your rate.
Many are. You pay interest during the loan term, then repay the principal when your departing home sells.
Yes. Investors use bridge loans often for acquisitions and repositioning. Lender terms differ for investment vs. primary use.
Private lenders can close in as little as 7–14 days. Timeline depends on title, appraisal, and lender requirements.