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Del Mar is a competitive coastal market. Sellers rarely wait for contingent offers.
A bridge loan lets you buy your next property before your current one closes. No contingency, no missed opportunity.
6–12 Months
Typical Loan Term
620+
Min Credit Score
20–30% Typical
Equity Required
Interest-Only
Rate Type
7–14 Days
Est. Close Time
Bridge Loans in Del Mar
Bridge loans are asset-based. Your existing home's equity drives approval more than your income.
Lenders typically want 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 Del Mar.
Del Mar is a competitive coastal market. Sellers rarely wait for contingent offers.
A bridge loan lets you buy your next property before your current one closes. No contingency, no missed opportunity.
Bridge loans are asset-based. Your existing home's equity drives approval more than your income.
Big banks rarely offer bridge loans. This is a specialty product that lives in the non-QM and private lending space.
At SRK CAPITAL, we work with 200+ wholesale lenders. We find the bridge program that fits your equity, timeline, and exit strategy.
The biggest mistake I see: borrowers wait too long and try to time their sale perfectly. That rarely works in Del Mar.
Get your bridge loan pre-approved before you make an offer. Sellers take you seriously when there's no contingency attached.
A HELOC is cheaper, but it closes slower and can get frozen if your home hits the market. Bridge loans are built for speed.
Hard money loans are a close cousin — faster approval, higher cost. Bridge loans sit between conventional and hard money.
Del Mar sits in one of San Diego's most desirable coastal corridors. Properties move quickly and rarely accept contingencies.
The high price point here means bridge loans often cover significant dollar amounts. Lender selection matters — not all can handle large loan sizes.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your property hasn't sold.
Most lenders want at least 20–30% equity in your current home. Higher equity usually means better terms.
Yes. Bridge loans work for both primary residences and investment properties. Investor deals may have different rate structures.
Most bridge loans are interest-only. Some lenders defer all payments until the bridge period ends.
You'll need to refinance or extend the bridge loan. Plan your exit strategy before you close — don't improvise.
Private bridge loans can close in 7–14 days. Speed depends on the lender and how clean your documentation is.