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Santa Clara's housing market moves fast. Waiting on your sale before you buy can cost you the deal.
A bridge loan gives you short-term cash to close on a new home now. You repay it once your current property sells.
6–12 Months
Typical Loan Term
20–30% Min
Equity Required
Non-QM
Loan Type
2–3 Weeks
Est. Close Time
Case-by-Case
Credit Flexibility
Bridge Loans in Santa Clara
Bridge loans are non-QM products. Lenders focus on equity in your current home, not just your income.
Most lenders want at least 20–30% equity in your departing property. Strong credit helps, but it's not the only factor.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Santa Clara.
Santa Clara's housing market moves fast. Waiting on your sale before you buy can cost you the deal.
A bridge loan gives you short-term cash to close on a new home now. You repay it once your current property sells.
Bridge loans are non-QM products. Lenders focus on equity in your current home, not just your income.
Most retail banks don't offer bridge loans. You need a broker with access to non-QM and private lenders.
At SRK CAPITAL, we work with 200+ wholesale lenders. That reach matters when you're shopping a niche product like this.
The biggest mistake I see? Borrowers wait too long to apply. Bridge loans take 2–3 weeks to close — plan ahead.
Structure matters here. Some bridge loans let you carry both properties. Others pay off your current mortgage first. Know which one you need.
Hard money loans are the closest alternative. They're faster but carry higher rates and fees than most bridge products.
A HELOC (home equity line of credit) can work too — if you have time to set one up before you need it.
Santa Clara is dense with tech equity. Many borrowers here have significant home appreciation working in their favor.
That equity is your asset in a bridge deal. Lenders see a well-appreciated Silicon Valley home as strong collateral.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your property hasn't sold.
No. That's the point. You close on the new property now and sell your current home after.
Rates are higher than conventional loans. Rates vary by borrower profile and market conditions.
Yes. Bridge loans work for both primary residences and investment properties in Santa Clara.
You'll need to refinance or pay off the bridge loan. Have a backup plan before you close.
Most lenders require 20–30% equity in your departing home. Higher equity gives you better terms.