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Bridge Loan Comparison Guide for California

A bridge loan solves the timing problem — but it isn't the only way. This guide lines it up against a HELOC, conventional financing, hard money, and DSCR, then gives you a framework to choose the right one for a home move or a transitional deal.

MBReviewed by Mike Basti, Mortgage Broker & Founder · NMLS #377740
The Bottom Line

Buy before you sell, moving now → bridge. Planned ahead, want cheaper → HELOC. Documented purchase, have time → conventional. Investor transitional → bridge / hard money, then DSCR for the hold.

The side-by-side

LoanBest forSpeedCostTerm
BridgeBuy before you sell / transitional7–30 daysHigherShort
HELOCPre-planned equity accessVariesOften lowerRevolving
ConventionalDocumented long-term buy30–45 daysLowestLong
Hard MoneyInvestor flips / rehab5–14 daysHigherShort
DSCRRental hold (the exit)21–30 daysMidLong
  1. Bridge vs HELOC

    A HELOC is often cheaper but must usually be opened before you list — lenders resist opening one on a home you're selling. A bridge is built for the transition, arranged quickly. Planned ahead → HELOC; moving now → bridge.

  2. Bridge vs Conventional

    Conventional is far cheaper but slow and usually contingent on your sale. A bridge removes the contingency so you can buy first. The trade →

  3. Bridge vs Hard Money

    Heavy overlap for investors — bridge = purpose (span a gap), hard money = structure (asset-based). Often the same loan.

  4. Bridge vs DSCR

    Different jobs. Bridge = short-term acquisition/transition; DSCR = long-term rent-qualified hold. Bridge in, refi to DSCR.

The decision framework

Answer top to bottom — first match is usually your loan:

  1. Investor buying a transitional/value-add property?

    → Bridge or hard money, then DSCR for the hold.

  2. Homeowner who needs to buy before selling, moving now?

    Bridge.

  3. Homeowner who planned ahead and wants the cheapest option?

    HELOC opened before listing.

  4. Have time and can accept a sale contingency?

    Conventional.

Expert tip: The bridge-vs-HELOC choice comes down to one question: did you plan ahead? A HELOC can be cheaper, but banks rarely open one on a home you're about to list — and timing one before you've found your next home is hard. A bridge exists precisely because most people don't line up a HELOC in advance; it steps in when you've found the home and need to act. If you're reading this because you already found the house, a bridge is almost certainly your tool. If you're planning months out, ask us about a HELOC first. Tell us your timeline →

Bridge comparison FAQs

Bridge vs HELOC?

HELOC is cheaper but must usually be opened before listing; a bridge is built for the transition and arranged quickly.

Bridge vs conventional?

Conventional is cheaper but slow and contingent; a bridge lets you buy before you sell.

Bridge vs hard money?

Bridge = purpose (span a gap); hard money = structure (asset-based). Often the same loan for investors.

Bridge vs DSCR?

Bridge = short-term acquisition; DSCR = long-term hold. Bridge in, refi to DSCR.

How do I decide?

Match the loan to your situation and timeline — we'll confirm the cheapest fit.

Reviewed by the licensing team at Save Financial, a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766) founded in 2009 and serving all 58 counties from offices in Newport Beach and Marina del Rey.

Bridge, HELOC, or wait? One conversation settles it.

Tell us your equity and timeline and we'll compare a bridge against a HELOC, conventional, and — for investors — hard money and DSCR, then recommend the cheapest fit for your exact situation. Free, no obligation.