Loading
Loading
Farmersville sits in Tulare County's ag-driven market. Properties here move, and timing a purchase with a sale is harder than it looks.
A bridge loan buys you that time. You close on the new property now and sell the old one on your schedule.
6–12 Months
Typical Loan Term
20–30% Min.
Equity Required
Flexible (Non-QM)
Income Docs
None
Contingency Needed
Higher Than Conv.
Rate Type
Bridge Loans in Farmersville
Bridge loans are non-QM products. That means lenders look at equity and assets — not just your W-2 and debt-to-income ratio.
You generally need strong equity in your current home. Most lenders want at least 20–30% equity to secure the bridge.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Farmersville.
Farmersville sits in Tulare County's ag-driven market. Properties here move, and timing a purchase with a sale is harder than it looks.
A bridge loan buys you that time. You close on the new property now and sell the old one on your schedule.
Bridge loans are non-QM products. That means lenders look at equity and assets — not just your W-2 and debt-to-income ratio.
Big retail banks rarely offer bridge loans. This product lives in the wholesale and private lending space.
At SRK CAPITAL, we access 200+ wholesale lenders. That reach matters when you need a niche short-term product fast.
The deals I see fall apart when buyers make contingent offers in competitive situations. A bridge loan removes that contingency entirely.
Plan your exit before you apply. Lenders ask how and when you'll pay off the bridge. 'We'll sell the house' needs a timeline.
Hard money loans are the closest alternative. They're also short-term, asset-based — but often carry higher fees and stricter LTV caps.
Interest-only loans can lower your monthly payment during the bridge period. Some lenders structure bridge loans with interest-only payments built in.
Farmersville is a small market in Tulare County. Properties can sit longer here than in Fresno or Visalia — plan your bridge term accordingly.
Agricultural income is common in this area. Non-QM lenders who understand seasonal or farm-related income are a better fit for many local borrowers.
Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your exit strategy supports it.
No. The whole point is to buy first. Your current home serves as collateral while it's listed.
Yes. Bridge loans carry more risk, so rates run higher. Rates vary by borrower profile and market conditions.
Yes. Bridge loans are non-QM, so lenders focus on equity and assets rather than traditional income docs.
Talk to your lender upfront about extension options. Some allow extensions — others may require refinancing into a new short-term product.
Most lenders require 20–30% equity in your current home. The more equity you have, the stronger your application.