Loading
Loading
Vallejo sellers who find their next home fast face a real problem. They need to close before their current home sells.
A bridge loan — short-term financing secured against your current property — solves that timing gap. It lets you act like a cash buyer.
6–12 Months
Typical Loan Term
20–30% Min
Equity Required
Non-QM
Loan Type
200+ Wholesale
Lender Pool
Bridge Loans in Vallejo
Bridge loans are non-QM products. That means lenders skip the standard debt-to-income math and focus on equity and exit strategy.
Most lenders want at least 20–30% equity in your departing home. Strong credit helps, but the collateral does most of the talking.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Vallejo.
Vallejo sellers who find their next home fast face a real problem. They need to close before their current home sells.
A bridge loan — short-term financing secured against your current property — solves that timing gap. It lets you act like a cash buyer.
Bridge loans are non-QM products. That means lenders skip the standard debt-to-income math and focus on equity and exit strategy.
Big retail banks rarely touch bridge loans. Most have dropped them entirely since 2008.
Wholesale lenders and private money shops still do them. That's exactly why working with a broker who shops 200+ lenders gives you an actual shot at approval.
The biggest mistake I see: borrowers wait too long to apply. Bridge loans close faster than conventional loans, but they still need time.
Get your current home's equity verified early. Lenders will order an appraisal, and in Solano County that process can take a week or more.
Hard money loans are the closest alternative. They move fast too, but carry higher rates and points — often used when equity is the only qualifier.
Interest-only loans are a longer-term tool. A bridge loan is purpose-built for the buy-then-sell sequence and typically costs less than hard money.
Vallejo sits in Solano County, where prices range widely by neighborhood. A bridge loan must be sized against real, appraised equity — not wishful list prices.
The Vallejo market can move fast in spring and slow in winter. If your bridge window stretches into a slow season, price your departing home aggressively from day one.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your departing home needs time to sell.
No. The whole point is to buy first. Lenders just need to verify equity in your current home and a credible plan to sell.
You can, but bridge financing often lets you drop the contingency entirely. That makes your offer far stronger in a competitive situation.
Talk to your lender early — many will extend the term for a fee. Don't wait until you're at the deadline to have that conversation.
Most are short-term fixed or interest-only. Rates vary by borrower profile and market conditions — expect a premium over conventional rates.
Yes. Investors use bridge loans regularly to acquire properties quickly before arranging permanent financing or completing a sale.