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North Coast Financial provides residential bridge loans that unlock the equity in your current home so you can purchase your next one without waiting. We fund owner-occupied loans in 2 to 2.5 weeks with transparent costs and no prepayment penalty.
A residential bridge loan is a short-term loan (up to 11 months) secured by your existing California real estate. It bridges the gap between the purchase of your new home and the sale of your current one, giving you immediate access to equity you have already built.
Unlike a conventional mortgage, a bridge loan is equity-based: the property's value and your equity position drive the decision. This makes it accessible to self-employed borrowers, retirees, and anyone whose income profile does not fit a bank's underwriting requirements.
Learn How Bridge Loans Work →Whether you're buying a new home before selling, making a non-contingent offer, or financing an investment property, we have a bridge loan that fits.
Access the equity in your current home to purchase your next one before you sell. Move in on your timeline, then sell your current home staged and vacant for the best price.
Learn more →Remove the home-sale contingency from your offer. In California's competitive markets, a contingent offer often means losing the home. A bridge loan puts you on the same footing as a cash buyer.
Learn more →Fund the renovations that make your current home sell faster and for more. Use the equity you already have to put money back in your pocket at closing.
Learn more →Close investment property purchases and refinances in 5 to 7 days. Ideal for time-sensitive opportunities where conventional lenders cannot move fast enough.
Learn more →Tell us about your property and situation. We review your scenario and issue a pre-approval letter, typically within 24 hours.
Submit your offer without a home-sale contingency. Your offer competes on the same footing as cash buyers.
We complete underwriting and fund your owner-occupied bridge loan. Investment property loans close in 5 to 7 days.
Move into your new home, then sell your current property staged and vacant. The sale proceeds pay off the bridge loan.
Interest rates range from 9.95% to 10.95% (APR 11.40% to 13.22%) depending on creditworthiness and loan terms. Points of 1.25 to 1.95. No lender fee. No appraisal fee. No prepayment penalty.
| Term | North Coast Financial | Traditional Bank | HELOC |
|---|---|---|---|
| Funding speed (owner-occupied) | 2 to 2.5 weeks | 30 to 60 days | 3 to 6 weeks |
| Funding speed (investment) | 5 to 7 days | 30+ days | N/A |
| Equity-based qualification | Yes | No | No |
| Prepayment penalty | None | Varies | Varies |
| Appraisal fee | None | Required | Required |
| Max LTV | Up to 65–70% | Varies | Up to 85% |
| Loan term | Up to 11 months | 12+ months | Revolving |
Our broker has personally funded over $1 billion in private money loans since 1981. When you work with us, you are working directly with the decision maker, not a loan officer passing your file through layers of approval.
Because we are an equity-based lender, a complex income situation does not disqualify you. Self-employed borrowers, retirees, and those with recent credit events can all qualify provided they have sufficient equity in their California property.
We do not charge an appraisal fee, which removes both the cost and the delay that appraisals create. We use our own property valuation approach, which is one of the reasons we can close faster than any bank.
About North Coast Financial →