Question 1

How long does a bridge loan last in South Lake Tahoe?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your exit strategy is solid.

Question 2

Can I use a bridge loan for a Tahoe vacation rental?

Accepted Answer

Yes. Many Tahoe investors use bridge loans to acquire a new rental before offloading an existing one.

Question 3

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

Accepted Answer

You'll need to refinance or extend. That's why your exit strategy — and the listing price — must be realistic from day one.

Question 4

Are bridge loan rates higher than conventional rates?

Accepted Answer

Yes. Bridge loans carry higher rates than conventional financing. Rates vary by borrower profile and market conditions.

Question 5

Do I need an appraisal for a bridge loan?

Accepted Answer

Usually yes — on both properties. Lenders need to confirm equity in your departing home and value in the new purchase.

Question 6

How fast can a bridge loan close in El Dorado County?

Accepted Answer

Faster than conventional — often 10 to 21 days. Speed depends on the lender and how clean your documentation is.

Bridge Loans in South Lake Tahoe — Buy Before You Sell