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Redlands moves fast. When the right property comes up, waiting to sell your current home first can cost you the deal.
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% in current home
Min Equity Required
Non-QM
Loan Type
Interest-only options
Rate Type
Equity + exit strategy
Approval Focus
Bridge Loans in Redlands
Bridge loans are non-QM products. Lenders focus on equity in your current home, not just your debt-to-income ratio.
Most lenders want at least 20% equity in your departing property. Strong credit helps, but deal structure matters more.
Big banks rarely do bridge loans. This product lives in the wholesale and private lending space.
At SRK CAPITAL, we shop across 200+ wholesale lenders to find bridge programs that fit your timeline and equity position.
The deals we see fall apart when buyers try to write contingency offers in markets where sellers won't accept them.
A bridge loan removes the contingency. You make a clean offer. That's a real advantage in San Bernardino County.
Hard money loans are the closest alternative. They're faster but often carry higher rates and shorter terms.
A bridge loan through a wholesale lender typically offers better pricing than hard money — if your equity is solid.
Redlands attracts buyers moving out of Los Angeles and Orange County. Competition for well-priced homes is real.
San Bernardino County's mix of older homes and new builds means bridge loan borrowers come in all shapes. Equity is the common thread.
Most bridge loans run 6 to 12 months. Some lenders offer extensions if your property hasn't sold.
No. The bridge loan is designed for exactly this situation. Your current home just needs enough equity to secure the loan.
Yes. Bridge loans are non-QM products, so lenders evaluate equity and exit strategy more than tax returns.
You'll need a clear exit plan before closing. Lenders may offer extensions, but that's not guaranteed and adds cost.
Yes, they carry higher rates than conventional loans. The tradeoff is speed and flexibility. Rates vary by borrower profile and market conditions.
Loan amounts depend on your equity and the lender's guidelines. There's no county-specific cap on bridge loans.