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Bridge Loans in Hillsborough
What's the difference between a bridge loan and a home equity line of credit?
A bridge loan finances two homes—your current one and the new purchase. A HELOC is a line of credit against your current home's equity. Bridge is for buyers who need to close before selling.
01
Hillsborough's median home price sits at $6,500,000, with 28 active listings on the market. Buyers competing for homes at this price point often face a timing crunch—they need to close on their new purchase before their current home sells.
A bridge loan solves that problem by providing short-term financing against your departing residence. You close on the new property immediately, then repay the bridge when your old home sells.
$6,500,000
Median home price
28 homes
Active listings
17–21 days
SRK CAPITAL closing window
02
Bridge loans for investment properties require a minimum 700 representative credit score and a maximum 85 percent loan-to-value ratio. Loan amounts range from $100,000 to $5,000,000 for investment properties.
Your equity in the departing home is what qualifies you. Lenders look at the home's value and what you owe against it to determine how much bridge capital they can advance.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Hillsborough.
Hillsborough's median home price sits at $6,500,000, with 28 active listings on the market. Buyers competing for homes at this price point often face a timing crunch—they need to close on their new purchase before their current home sells.
A bridge loan solves that problem by providing short-term financing against your departing residence. You close on the new property immediately, then repay the bridge when your old home sells.
Bridge loans for investment properties require a minimum 700 representative credit score and a maximum 85 percent loan-to-value ratio. Loan amounts range from $100,000 to $5,000,000 for investment properties.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
03
Bridge lending is a specialized market. Most retail banks do not offer bridge products. Instead, brokers access a network of private lenders and specialty finance firms that focus on short-term equity-based lending.
Underwriting moves fast because the lender is secured by two properties—your current home and the new one. SRK CAPITAL closes bridge loans in 17 to 21 days, or 10 days when expedited.
04
Bridge loans make sense in Hillsborough when you have substantial equity in your current home and need to move quickly. At a $6,500,000 median price, most buyers here have the home value to support a bridge.
The trade-off is cost—bridge interest rates run higher than conventional mortgages, and you pay interest-only until payoff. Use a bridge only when the timing benefit outweighs the extra expense.
05
A bridge loan lets you close immediately without contingencies. A conventional mortgage with a sale contingency keeps your rate lower but ties your new purchase to your old home selling first.
Bridge financing costs more but removes the sale contingency—your offer is stronger in a competitive market. Conventional financing is cheaper but slower and less certain.
06
San Mateo Planning Commission recently recommended approval for Bespoke, a mixed-use development at the former Talbot's site downtown. That kind of investment signals confidence in the area's long-term value.
The San Mateo Union High School District has also made recent policy changes. Banning cellphones during the school day and withdrawing a plan to relocate special-needs students. Schools matter to home values, and these moves show active district governance.
FAQ
A bridge loan finances two homes—your current one and the new purchase. A HELOC is a line of credit against your current home's equity. Bridge is for buyers who need to close before selling.
Yes. That's the whole point of a bridge loan. You use your current home's equity to finance the new purchase while your old home is still on the market. Once it sells, you repay the bridge from those proceeds.
Bridge loans are short-term by design, typically 6 to 12 months. The expectation is that your old home sells and you repay the bridge quickly. Extended bridges carry higher costs and may require refinancing.
If your home hasn't sold, you'll need to refinance the bridge into a conventional mortgage or extend the bridge. Both options cost more. That's why bridge loans work best when you're confident your home will sell within a reasonable timeframe.
You need to qualify for the bridge loan based on your equity and credit. Once your old home sells, you'll refinance into a conventional mortgage on the new property. Lenders want to see that you can carry both payments temporarily.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in San Mateo County
Our team of licensed mortgage brokers works San Mateo County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including San Mateo County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.