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Solana Beach buyers face timing pressure when equity is on the line. Bridge loans close in 7-14 days, letting you buy before your current home sells.
San Diego County completed its biggest year of low-income housing construction. For buyers with home equity, a bridge loan removes the sale contingency and wins competitive offers.
7-14 days
Typical Close Time
680
Minimum FICO
70-80% of equity
Equity Advance
1-2% above permanent
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Bridge Loans in Solana Beach
Bridge loans require 680 FICO minimum, though 700+ is standard. Lenders want equity in your current home and proof of a purchase contract or strong offer.
Your home's equity is the collateral. Most lenders advance 70-80% of that equity. The county's median household income of $102,285 supports the debt-to-income ratios lenders expect.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Solana Beach.
Solana Beach buyers face timing pressure when equity is on the line. Bridge loans close in 7-14 days, letting you buy before your current home sells.
San Diego County completed its biggest year of low-income housing construction. For buyers with home equity, a bridge loan removes the sale contingency and wins competitive offers.
Bridge loans require 680 FICO minimum, though 700+ is standard. Lenders want equity in your current home and proof of a purchase contract or strong offer.
California bridge lenders split into two types: portfolio lenders who hold loans themselves, and brokers who place them with institutional funders. Portfolio lenders close in 7-10 days by skipping the wholesale approval layer.
Institutional bridge programs run 10-14 days with tighter documentation. Both require a current appraisal, title commitment on the new property, and proof of funds or permanent financing pre-approval.
Bridge loans work in Solana Beach when you have equity and a tight timeline. If you're selling a home with solid equity and buying quickly, a bridge covers the gap for 6-12 months.
They don't work when your current home is unlisted or has no offers. Lenders want proof of a sale or contract, not hope. A contingent offer or FHA loan may be smarter if your sale is uncertain.
A bridge loan versus a contingent offer comes down to negotiating power. A bridge lets you make an all-cash offer, which wins in competitive markets. A contingent offer is cheaper but weaker.
Bridge loans cost more upfront — interest, appraisal, title work. But they remove the sale contingency. In Solana Beach, that advantage often justifies the cost.
San Diego is seeking delays to state law requiring high-rise housing near transit stops. That regulatory shift signals ongoing housing policy changes across the county that may shape future property values.
The team behind Galū Cafe is opening a sister location in City Heights this fall. It reflects the county's growing food and lifestyle scene. Buyers moving to Solana Beach often care about walkable dining and community investment.
Portfolio lenders close in 7-10 days. Institutional programs run 10-14 days. You'll need an appraisal, title commitment, and proof of funds or permanent financing pre-approval.
No — the bridge is secured by your home's equity, not a sale. Lenders want proof your sale is likely, but the sale doesn't have to close before the bridge funds.
Most bridges run 6-12 months. If your home hasn't sold, you refinance the bridge into a longer-term loan or extend it. Lenders build this into the terms upfront.
Yes — bridge rates typically run 1-2% above your permanent loan rate. You're paying for speed and flexibility. The total cost is higher, but you avoid losing a home sale.
Lenders typically advance 70-80% of your home's equity. A home with $200,000 equity could support a $140,000-$160,000 bridge. The exact amount depends on the lender and your credit.