Short-term business-purpose loans fund acquisition and rehab quickly, then get repaid by a sale or a refinance into long-term financing. Speed and certainty of close matter more than rate on these deals. Here is how the program works specifically for buyers, owners, and investors in Marin County and the rest of Marin County.
$1,209,750 conforming, jumbo above
≈ $1.55M
6-24 months
Up to 90%
Marin is jumbo territory. Median loan sizes require comparing pricing across banks, credit unions, and portfolio lenders to find the right rate versus reserve requirement trade-off.
An experienced investor buying a distressed property at auction with a 12-week renovation plan.
Closed in under two weeks, rehab funded in three draws, and the loan paid off at resale inside the term.
A homeowner who needed to buy the next home before listing the current one, in a market where contingent offers get rejected.
Made a non-contingent offer, moved once, and repaid the bridge from the sale proceeds of the old home.
Examples are illustrative composites of typical files, not offers of credit or guarantees of terms.
San Rafael, Mill Valley, Novato, Tiburon, Sausalito, Corte Madera, Larkspur
Full Marin County market pageYes. Fix & Flip / Bridge Loans are available throughout Marin County. Short-term capital for acquisitions, rehabs, and bridges. Mark compares pricing across 80+ wholesale lenders and picks the one whose guidelines fit Marin County property types and your file.
$1,209,750 conforming, jumbo above. Above that amount the file is priced as a jumbo or portfolio loan, which changes reserve and documentation requirements.
Most purchases close in 21 to 30 days, and rush files have closed faster when the appraisal and insurance are ordered on day one. Local considerations here: Post-close liquidity reserves, Wildfire insurance eligibility in some zip codes, Appraisal comps in low-volume neighborhoods.
Yes, though expect a lower loan-to-cost and a higher rate than an investor with several completed projects.
Most lenders offer extensions for a fee. We build the exit and a contingency plan into the structure before you close.
Mark Dankman, NMLS #251068, 925.934.6600, mail@resourcehomeloan.com