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Buellton sits in the Santa Ynez Valley, where quality listings move fast. Waiting to sell first often means losing the property you want.
Bridge loans give you buying power now. You tap your existing home's equity to fund the next purchase, then repay when you sell.
6 – 12 Months
Typical Loan Term
20%+ in Current Home
Equity Needed
Equity-Based Approval
Credit Focus
Non-QM
Loan Type
Interest-Only Options
Payment Structure
Bridge Loans in Buellton
Most bridge lenders want solid equity in your departing property — typically 20% or more after the bridge loan is factored in.
Credit requirements vary by lender. Strong scores help, but lenders focus more on your equity position and exit strategy.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Buellton.
Buellton sits in the Santa Ynez Valley, where quality listings move fast. Waiting to sell first often means losing the property you want.
Bridge loans give you buying power now. You tap your existing home's equity to fund the next purchase, then repay when you sell.
Most bridge lenders want solid equity in your departing property — typically 20% or more after the bridge loan is factored in.
Bridge loans are non-QM products. Your local bank almost certainly won't offer one. You need a broker with wholesale non-QM access.
At SRK CAPITAL, we shop 200+ wholesale lenders. That means real options — not one lender's take-it-or-leave-it bridge product.
The biggest mistake I see: borrowers wait too long. A bridge loan takes time to close. Start the process before you find the next property.
Your exit strategy needs to be airtight. Lenders will ask about your timeline to sell. Have your departing home ready to list on day one.
Hard money loans are the closest alternative. They're faster but more expensive and better suited for investors, not primary home buyers.
A HELOC is cheaper if you have time. But HELOCs require your current home to stay listed — lenders can freeze the line mid-transaction.
Buellton properties often sit on larger parcels or include equestrian features. Appraisals can be complex — that affects your usable equity.
Santa Barbara County's wine country market draws buyers from LA and the Bay Area. Competition is real. A bridge loan removes the sale contingency.
Most bridge loans run 6 to 12 months. That's enough time to list, sell, and pay off the loan.
Yes, temporarily. You'll hold your existing mortgage plus the bridge loan until your home sells.
Yes. Bridge loans work for primary homes, second homes, and investment properties in Santa Barbara County.
Some lenders offer extensions. You need a clear exit plan upfront — and ideally, your home listed before closing.
Yes. Bridge loans are short-term non-QM products. Rates run higher, but the loan is designed to be paid off quickly.