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Imperial Beach moves fast. When the right property appears, waiting on your current home to sell can cost you the deal.
Bridge loans give you short-term cash to buy now. You repay when your existing property closes.
6–12 Months
Typical Loan Term
20–30% Min
Equity Required
Non-QM
Loan Type
2–4 Weeks
Est. Close Time
Equity + Exit Plan
Approval Focus
Bridge Loans in Imperial Beach
Bridge loans are asset-based. Lenders focus on your equity and the property value — not your W-2.
Most lenders want at least 20–30% equity in your departing 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 Imperial Beach.
Imperial Beach moves fast. When the right property appears, waiting on your current home to sell can cost you the deal.
Bridge loans give you short-term cash to buy now. You repay when your existing property closes.
Bridge loans are asset-based. Lenders focus on your equity and the property value — not your W-2.
Big banks rarely offer bridge loans. This is a non-QM product, which means wholesale and private lenders dominate.
We work with 200+ wholesale lenders. That gives you real options on rate and structure — not one take-it-or-leave-it offer.
The biggest mistake borrowers make: no clear exit plan. Lenders want to know exactly how you're repaying this loan.
List your current home before you close on the new one. It signals to lenders you're serious about the exit.
Hard money loans are the closest cousin to bridge loans. Both are short-term. Hard money typically costs more.
A HELOC on your current home is cheaper — if you have time to set one up. Bridge loans are faster to close.
Imperial Beach sits at the southern tip of San Diego County. Coastal inventory is tight and competition is real.
As of April 2026, sellers here expect clean, fast offers. A bridge loan removes the sale contingency entirely.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if the exit strategy supports it.
No. That's the point. You buy the new property now and sell your current home during the bridge period.
There's no universal minimum. Lenders weigh equity and exit strategy heavily alongside your credit profile.
Yes. Bridge loans work for primary residences and investment properties. Terms vary by occupancy type.
Faster than most conventional loans — sometimes in two weeks. Timeline depends on the lender and your documentation.
Yes. Bridge loans carry higher rates due to short terms and added risk. Rates vary by borrower profile and market conditions.