Residential Bridge Loans in California
Residential Bridge Loan in California
California’s residential construction comes with specific regulatory requirements — California Building Code (CBC) and Title 24 energy efficiency standards, and local permitting administered through county and municipal offices. Normandy’s bridge mortgage loan program serves borrowers navigating this environment across California, from Los Angeles to the state’s smaller markets.
California’s competitive real estate market — where homes in the Bay Area and Los Angeles often attract offers within days of listing — makes bridge financing a practical tool for buyers who cannot wait for their current home to sell.
Loan amounts from $95,000 to $5,000,000. Up to 80% LTV; 75% LTV for loans over $1M. 12-month term. Interest-only payments. Full and limited income documentation available. 1–4 family owner and non-owner properties eligible. Foreign nationals are eligible.
Explore residential bridge loan options at https://normandy.com/residential-bridge-loans/, or call 800-390-7536 for a direct conversation with our team. All programs: https://normandy.com/.
General Guidelines*
- Loan amounts from $95,000 to $5,000,000
- Loan to value up to 80% of appraised value. Loan amounts over $1M will max out at 75% loan to value.
- Allows you to sell your home on your time schedule
- Deal directly with the Loan Officer/Underwriter
- Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
- Loans are available to Borrowers with excellent to less than perfect credit (subject to underwriting)
- Full income documentation or limited income documentation available
- Foreign Nationals are eligible for this program
- 1 to 4 family owner and non-owner properties are eligible (other property types may be considered on an exception basis)
- 12 month term
- Interest only payments
*All rates and terms subject to change without notice
California Construction Market & Regulatory Overview
California is one of the largest residential construction markets in the country. Sustained housing demand across coastal cities and inland growth corridors keeps new construction active year-round.
Building Code: California Building Code (CBC) and Title 24 energy efficiency standards.
Permitting: Permits are issued at the county and city level. Plans must comply with CBC requirements and local zoning before any permit is approved.
Key construction considerations in California include seismic activity zones, coastal weather exposure, and wildfire-prone hillside areas. Normandy’s underwriting team works directly with borrowers — you deal with the loan officer and underwriter, not a call center.
Contractor Licensing in California
California requires all contractors to be licensed through the CSLB (Contractors State License Board). Borrowers must verify the builder’s CSLB license number before construction begins.
Owner-Builder Note: California allows owner-builders to pull permits for a primary residence under B&P Code Section 7044, though restrictions apply on frequency and resale.
Loans Available in the Following States
Owner Occupied
Loans available for owner occupied properties in the following states:
Non-Owner Occupied
Loans available for non-owner occupied properties only:
- Alaska (AK)
- Alabama (AL)
- Arkansas (AR)
- California (CA)
- Colorado (CO)
- Connecticut (CT)
- Delaware (DE)
- Florida (FL)
- Georgia (GA)
- Hawaii (HI)
- Iowa (IA)
- Idaho (ID)
- Indiana (IN)
- Kansas (KS)
- Kentucky (KY)
- Massachusetts (MA)
- Maryland (MD)
- Maine (ME)
- Michigan (MI)
- Missouri (MO)
- Mississippi (MS)
- Montana (MT)
- North Carolina (NC)
- Nebraska (NE)
- New Jersey (NJ)
- New Mexico (NM)
- New York (NY)
- Ohio (OH)
- Oklahoma (OK)
- Oregon (OR)
- Pennsylvania (PA)
- Rhode Island (RI)
- South Carolina (SC)
- South Dakota (SD)
Frequently Asked Questions — Residential Bridge Loan in California
Q: What is a residential bridge loan in California?
A: A residential bridge loan in California uses equity in your current home to fund the purchase or construction of a new one. Loan amounts from $95,000 to $5,000,000. 12-month term with interest-only payments. You set the sale timeline for your existing property.
Q: How does a bridge mortgage loan work in California?
A: A bridge mortgage loan in California through Normandy is secured by your current property. LTV up to 80% of appraised value (75% for loans over $1M). Pre-qualification is typically 3 to 5 business days. Interest-only payments during the 12-month term.
Q: What bridge financing is available in California?
A: Normandy’s bridge financing in California covers 1–4 family owner-occupied and non-owner occupied properties. The loan can fund a new purchase or new construction. Amounts from $95,000 to $5,000,000. Foreign nationals are eligible.
Q: What is a short term property loan in California?
A: A short term property loan in California through Normandy’s bridge program is a 12-month interest-only loan secured by residential equity. It provides liquidity during a property transition without requiring you to sell first. Full and limited documentation available.
Q: What is a residential transition loan in California?
A: A residential transition loan in California bridges the gap between purchasing a new home and selling the current one. LTV up to 80% of appraised value (75% for loans over $1M). The 12-month term gives you time to close the sale without being rushed.