What is residential bridge financing used for?

Short-term capital to buy before selling, close quickly on an auction/off-market deal, or stabilize a property before permanent DSCR or conventional take-out.

How long are typical bridge terms?

Often 6–18 months interest-only with extension options. Exit strategy (sale or refinance) must be realistic at origination.

Investor & Bridge

Bridge

Residential Bridge

Name: Elite Fundings — California Mortgage Team
Address: 552 E Badillo St, Covina, CA, 91723, US
Telephone: (626) 833-7449
Price range: $$

Short-term loan to buy the next home before selling the current one, or to close quickly on an opportunity.

Available throughout Southern California through Francisco Williams, CCIM, NMLS #1858674.

Apply for this program (626) 833-7449

680

Min FICO

80%

Max LTV

Ideal borrower

Move-up buyers and investors needing speed.

Program highlights

6–24 month term
Interest-only
Close in 5–10 business days
Exit via sale or refinance

Typical uses

Buy-before-sell transition
Quick-close opportunity

Frequently asked questions

What is residential bridge financing used for?: Short-term capital to buy before selling, close quickly on an auction/off-market deal, or stabilize a property before permanent DSCR or conventional take-out.
How long are typical bridge terms?: Often 6–18 months interest-only with extension options. Exit strategy (sale or refinance) must be realistic at origination.

Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify.