$1,275,000 Owner Occupied Bridge Loan in Huntington Beach, CA

Loan Amount: $1,275,000

LTV: 65%

Type: Owner Occupied Bridge Loan

Term: 12 months

The borrowers were empty-nesters who found their dream home, but needed to close on the purchase before they had an opportunity to sell their current home. First Bridge Lending structured a bridge loan that allowed the borrower to draw from the equity in their existing property to fully cover the purchase price of their new home. The borrowers were able to move into their new home and prepare their original home for sale at their convenience. After that sale, they will comfortably qualify for conventional financing.

The loan amount totaled $1,275,000 at 65% LTV for a 12-month term. A First Bridge Lending originator facilitated this deal and helped the client secure funding for their new home.

Why FBL
Private Lender
Direct Lender
Quick Process puts you in touch with decision makers
Loans funded in 3 business days
In-house Underwriting, No Appraisal Required

FBL Track Record
Over 2,000 loans totaling more than $1 billion closed since 2012
Funded loans from $100,000 to $5 Million on Residential/Commercial properties
CA Licensed: CFL, DRE, NMLS

Related Deals

Owner Occupied Bridge
$1,200,000
Owner Occupied Bridge Loan in Santa Clara, CA
65% LTV
6 months

Owner Occupied Bridge
$1,000,000
Owner Occupied Bridge Loan in Dublin, CA
65% LTPP
12 months

Owner Occupied Bridge
$1,813,500
Owner Occupied Bridge Loan in Westlake Village, CA
65% LTV
12 months

First Bridge Lending
APPLY NOW