California Bridge Loans
Fast, Flexible Temporary Financing for Real Estate Investors
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*Serving investors across California, including Los Angeles, San Francisco, San Diego, and Sacramento.
Service Snapshot: California Bridge Loan Program
| Feature | Details for California Investors |
|---|---|
| Primary Loan Use | Bridge gap between purchases, avoid foreclosure, quick acquisition, refinance to permanent |
| Typical Funding Time | 5-10 Business Days (as fast as 3 for qualified projects) |
| Loan-to-Value (LTV) | Up to 70-75% ARV (After Repair Value) or As-Is Value |
| Target Property Types | Residential (1-4 units), Multifamily, Commercial, Land (with development plan) |
| Common Exit Strategies | Sale of property, permanent refinance, completion of construction/rehab |
Why California Investors Choose Waterman Capital for Bridge Loans
California's real estate market demands agility and quick decision-making. Investors often face situations where they need immediate capital to seize an opportunity, bridge a funding gap, or avoid potential pitfalls while securing long-term financing.
Waterman Capital offers a strategic advantage for your bridge loan needs:
- Speed to Close: Our efficient underwriting and funding process means you can secure a bridge loan quickly, often within 3-10 business days. This is critical for time-sensitive transactions like a 1031 exchange or purchasing a new property before selling an existing one.
- Flexible Solutions: We understand that every bridge scenario is unique. We provide tailored financing for various situations, including purchasing properties with immediate closing needs, facilitating a quick rehab-to-sell, or leveraging equity for a new investment while awaiting permanent financing.
- Diverse Property Acceptance: From residential flips to commercial acquisitions and land development, our bridge loans are available for a wide range of property types across California, ensuring you have the capital you need, regardless of the asset class.
- Clear Exit Strategies: Our team works with you to establish a viable exit strategy from the outset, whether it's the sale of the property, a refinance into conventional long-term financing, or the completion of a value-add project.
Frequently Asked Questions About California Bridge Loans
What is a bridge loan and when is it typically used in California?
A bridge loan is a short-term loan used to "bridge" a gap in financing, often when an investor needs to close quickly on a new property before their current property has sold, or while awaiting approval for permanent financing. In California, they're common for 1031 exchanges, quick acquisitions of distressed properties, or to refinance out of a high-interest construction loan while securing a long-term mortgage.
How fast can I get a bridge loan funded for a California property?
Waterman Capital specializes in speed. For qualified bridge loan projects across California, we can often fund loans in as little as 3-5 business days, with most loans closing within 7-10 business days. This rapid turnaround is essential for investors looking to seize time-sensitive opportunities or avoid penalties on existing debts.
What types of properties do you lend on with bridge loans in CA?
We offer bridge loans for a broad range of property types throughout California, including single-family homes, multi-unit residential (2-4 units), apartment buildings, commercial properties (retail, office, industrial), and land intended for development. Our focus is on the asset's value and the viability of the proposed exit strategy.
What are the typical exit strategies for a bridge loan?
Common exit strategies for our California bridge loans include: the sale of the property (e.g., after a rehab or if the primary residence sells), refinancing into a traditional long-term mortgage or a more permanent commercial loan, or completing a construction project and securing a take-out loan. We partner with you to ensure a clear and achievable exit plan.
Ready to bridge the gap in your California real estate investment?
Get pre-qualified or apply now for a fast and flexible bridge loan.
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