Bridge Loans
For Primary Residences in California & Investment Properties Nationwide
Bridge Loans are the fastest way to purchase or get cash out from your property with minimal documentation, closing as quickly as 5 days!
Who Would Benefit from a Bridge Loan?
Bridge loans are designed to bridge the gap between where you are and where you want to be. Whether it’s accessing cash from your property for a short-term investment or other business purpose, securing a property with a quick close date and planning to refinance later, or bridging the time between buying a new home and selling your current one, our Bridge Loans provide the flexibility and speed you need.
How It Works
Obtaining a Bridge Loan involves a very short application process, a clean title, and an appraisal, leading to a quick closing. This financing option is ideal for making strategic moves in real estate without the long wait times associated with traditional loans. Loan terms can extend up to 36 months, with a balloon payment at the end. Borrowers can exit the loan through a loan extension, refinancing into a long-term loan, or by selling the property.
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Bridge Loan Terms
| Loan Type | 1st or 2nd Trust Deed |
| Loan Term | Up to 36 months. Loan extensions available |
| Loan Amount | $75,000 minimum |
| LTV | Up to 70% on purchases or refinances |
| Credit Score | As low as 500 |
| Occupancy | Owner-occupied (business purpose only)
Non-Owner Occupied |
| Property Types | 1-4 Family Real Estate, Condos, Townhomes |
| Closing Time | As quick as 5 days |
| Prepayment Penalty | N/A |
Key Benefits
- Rapid Closing in as little as **5 days**.
- Credit Score is not a major factor
- Stated Income, Stated Assets. Very limited documentation needed
- Get cash out of your property for business purposes quickly
- We protect and highly value brokers and referral partners
- Delivering the highest level of satisfaction through our services is our paramount goal
From Our Customers
“Westpark helped us get a low-documents loan for our business quickly and with minimal effort. The loan has considerably better terms than all business loans we considered from other lenders. They could not have been more helpful and professional. We thank Westpark and will turn to them for any future funding needs.”
-Reviewed on Google by Roland.
5 stars!! The team at Westpark was amazing, and got us exactly what we wanted. We don’t have a “traditional” financial setup; self employed, fluctuating income, residual income, rental properties, etc. We felt supported the entire way, never felt judged if we had unfavorable things in our way, and we are really happy with the service and product we received! We are actually already talking about the next one! Highly recommend, and even if you are just curious about what’s possible, let Hanna run your numbers just to see! I’ll bet they will surprise you!
The team at Westpark Loans were the best loan people I have ever worked with. Being self-employed it’s tough to get a loan but Mike worked very hard and we found a product that fit my needs. I can’t thank them enough or give them a higher rating. They are over the top, the best people to work with!