San Diego Bridge Loan

North Coast Financial provided a $575,000 bridge loan against a primary residence in San Diego, California. The loan amount secured by the primary residence had a loan to value of approximately 45%. The borrower needed to borrow against equity in their current primary residence in order to purchase a new property out of state. Once the borrower had an accepted purchase contract for the new primary residence, the bridge loan process was initiated. Bridge loans in San Diego can be processed and funded within 2-2.5 weeks. North Coast Financial is an experienced San Diego bridge loan lender able to provide fast and flexible funding.