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California residential bridge loans are a specialty of North Coast Financial. Bridge loans allow homeowners to borrow against the existing equity in their homes to free up cash to purchase a new home. This way the borrower doesn't have to move twice when purchasing their new primary residence. Bridge loans are short-term loans of less than 12 months and have a higher interest rate than a conventional loan. What is a bridge loan?
Hard money lenders typically will not provide consumer purpose residential bridge loans as they require additional licensing and loan documentation. Traditional lenders don't fund residential bridge loans as they are short-term financing tools that are repaid in less than 1 year.
North Coast Financial, Inc.
2424 Vista Way #202
Oceanside, CA 92054
760-722-2991
jeff@northcoastfinancialinc.com
Hard money lenders typically will not provide consumer purpose residential bridge loans as they require additional licensing and loan documentation. Traditional lenders don't fund residential bridge loans as they are short-term financing tools that are repaid in less than 1 year.
North Coast Financial, Inc.
2424 Vista Way #202
Oceanside, CA 92054
760-722-2991
jeff@northcoastfinancialinc.com
