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Oceanside moves fast. Waiting to sell before you buy often means losing the house you want.
A bridge loan gives you short-term cash to close on the new property before your current one sells.
6–12 Months
Typical Loan Term
620+
Min Credit Score
20–30% Typical
Equity Required
10–15 Business Days
Typical Close Time
Usually Not Required
Income Docs Needed
Bridge Loans in Oceanside
Lenders focus on equity, not income documentation. You need solid equity in your current home.
Most lenders want at least 20-30% equity. Your exit strategy — the sale — needs to be realistic.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Oceanside.
Oceanside moves fast. Waiting to sell before you buy often means losing the house you want.
A bridge loan gives you short-term cash to close on the new property before your current one sells.
Lenders focus on equity, not income documentation. You need solid equity in your current home.
Big banks rarely offer bridge loans. This product lives in the wholesale and private lending space.
We work with 200+ wholesale lenders. That reach matters a lot for a niche product like this.
The biggest mistake I see: borrowers underestimate how long their current home will take to sell.
Build in a buffer. If you expect 60 days to sell, plan for 90. Bridge loans get expensive when extended.
Hard money loans are close cousins to bridge loans — faster closing, but even higher rates.
A HELOC on your current home is cheaper, but many sellers can't get one approved mid-listing.
Oceanside's coastal market draws both owner-occupants and investors competing for the same homes.
A contingency offer here often loses. A bridge loan lets you compete clean — no sale contingency needed.
Most run 6 to 12 months. Some lenders offer extensions, but they come with fees.
Yes. Bridge loans work on primary homes, second homes, and investment properties.
You'd need to extend the bridge loan or refinance into another product. Have that plan ready before you close.
Most don't rely on income the way conventional loans do. Equity and exit strategy drive approval.
Many close in 10-15 business days. Private lenders move faster than traditional channels.
Yes, significantly. They're short-term, higher-risk products. Rates vary by borrower profile and market conditions.