Question 1

How long does a bridge loan last in Ione?

Accepted Answer

Most bridge loans run 6 to 12 months. That window covers a typical Amador County sale cycle.

Question 2

Do I need to sell my home first to qualify?

Accepted Answer

No. That's the point — you use the bridge loan to buy before your current home closes.

Question 3

What credit score do bridge lenders want?

Accepted Answer

There's no hard floor like conventional loans. Lenders weight equity and exit strategy heavily. Rates vary by borrower profile and market conditions.

Question 4

Can I bridge-finance a rural Ione property with land?

Accepted Answer

Yes, but lender options narrow. We work with wholesale sources that accept rural and acreage deals specifically.

Question 5

What happens if my home doesn't sell in time?

Accepted Answer

You'll need to refinance or extend the loan. Discuss contingency plans with your broker before you close.

Question 6

Are bridge loan payments interest-only?

Accepted Answer

Most programs are structured that way. It keeps your monthly obligation low during the transition period.

Bridge Loans in Ione, CA — Buy Before You Sell