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Exeter is a small, tight-knit Central Valley town in Tulare County. Inventory moves fast here, and waiting to sell first can cost you the next deal.
Bridge loans are short-term financing — typically 6 to 12 months. They let you tap your current home's equity to fund the next purchase before your sale closes.
6–12 Months
Typical Loan Term
20–30% Min
Equity Required
~640
Min Credit Score
8–11% Typical
Rate Range
Non-QM
Loan Classification
Bridge Loans in Exeter
Bridge loans are non-QM products. Lenders don't follow the same rulebook as conventional loans — they underwrite based on asset value and exit strategy.
Most lenders want 20–30% equity in your current property. Strong credit helps, but the deal structure matters more than your debt-to-income ratio.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Exeter.
Exeter is a small, tight-knit Central Valley town in Tulare County. Inventory moves fast here, and waiting to sell first can cost you the next deal.
Bridge loans are short-term financing — typically 6 to 12 months. They let you tap your current home's equity to fund the next purchase before your sale closes.
Bridge loans are non-QM products. Lenders don't follow the same rulebook as conventional loans — they underwrite based on asset value and exit strategy.
Big retail banks rarely offer bridge loans. This is a wholesale and private lender product — exactly where a broker adds real value.
At SRK CAPITAL, we work with 200+ wholesale lenders. We find the ones actively pricing bridge loans for Tulare County properties right now.
The biggest mistake I see: borrowers assume they can't buy until escrow closes on their sale. Bridge financing breaks that chain entirely.
Have a clear exit. Lenders want to know how you're paying this off — sale proceeds, refinance, or both. Vague exit plans kill deals.
Hard money loans are the closest alternative. They're faster to close but carry higher rates and fees. Bridge loans from wholesale lenders often price better.
A HELOC on your current home is another option — but approval takes time and requires the home to not already be listed for sale.
Exeter's housing stock skews older and single-family. Properties here are straightforward collateral — lenders like that.
Tulare County's agricultural economy means some sellers have irregular income. Bridge loans sidestep income documentation hurdles entirely.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your exit strategy supports it.
No — that's the point. Bridge loans let you buy before your current home sells. Your equity funds the move.
Most lenders want 640 or higher. But strong equity can offset a lower score — deal structure drives approval here.
Yes, but lender options narrow on rural or agricultural parcels. Working with a broker who knows those lenders matters.
Rates run higher than conventional loans, often in the 8–11% range. Rates vary by borrower profile and market conditions.
You'll need to refinance or extend the loan. Have a backup plan before you close — lenders will ask for one.