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Los Gatos is a high-demand Silicon Valley market. Sellers rarely wait, and buyers who haven't sold yet get left behind.
A bridge loan lets you buy before you sell. You tap your current home's equity to fund the new purchase.
6–12 Months
Typical Loan Term
20–30% Min
Equity Needed
Non-QM
Loan Type
Varies by Profile
Rate Type
Bridge loans are non-QM products. Lenders focus on equity position, not just income and credit score.
You typically need 20–30% equity in your departing home. Strong credit helps, but it's not the only factor.
Big banks rarely offer bridge loans. Most deals go through private lenders and specialty wholesale channels.
At SRK CAPITAL, we shop across 200+ wholesale lenders. We find bridge products that fit Los Gatos price points.
The deals we see fail most often involve timing. Buyers underestimate how fast their current home needs to sell.
Build your exit strategy before you close. Know your list price, your agent, and your sale timeline upfront.
A sale contingency is the obvious alternative. But in Los Gatos, contingent offers lose to clean ones almost every time.
Hard money loans also bridge timing gaps. They close faster but carry higher rates and shorter terms than bridge loans.
Los Gatos sits in Santa Clara County. Home values are high, which means equity levels are often strong — good for bridge qualification.
The local market moves fast. A bridge loan removes the sell-first pressure and keeps your offer competitive.
Most bridge loans run 6 to 12 months. That gives you time to sell your current home and pay off the bridge.
Yes, and lenders expect it. They'll evaluate whether your income or reserves can cover both payments short-term.
No. That's the point. You buy without tying the deal to your existing home's sale.
You may face a loan extension — at added cost — or forced sale. Build a realistic sale plan before you borrow.
Different, not necessarily harder. Lenders focus on equity and assets. Strong equity can offset weaker income docs.
Loan amounts depend on your current home's equity and the lender's guidelines. There's no county-set cap for bridge loans.
Bridge Loans in Los Gatos