Question 1

How long does a bridge loan last in California?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your departing home hasn't sold.

Question 2

Can I get a bridge loan if my home isn't listed yet?

Accepted Answer

Yes. Most bridge lenders don't require your current home to be listed. They lend against your equity position, not your listing status.

Question 3

What credit score do I need for a bridge loan?

Accepted Answer

There's no universal floor. Lenders focus on equity and deal structure. A 680+ score generally improves your rate options.

Question 4

Do I make monthly payments on a bridge loan?

Accepted Answer

Some lenders require interest-only monthly payments. Others allow deferred interest, rolled into payoff at closing.

Question 5

How fast can a bridge loan close in Union City?

Accepted Answer

Private bridge lenders can close in 7 to 14 days. That speed is exactly why buyers use them in fast markets like Alameda County.

Bridge Loans in Union City: Buy Before You Sell