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Firebaugh's agricultural economy creates timing gaps between property sales. Bridge loans let you buy before your current property closes.
Most Fresno County sellers need 60-90 days to close a farm or residential sale. A bridge loan covers that window without contingencies.
Bridge Loans in Firebaugh
You need equity in your current property — most lenders require 25% minimum. Credit matters less than asset value.
Income documentation is flexible since the loan relies on your property equity. Most bridge loans fund based on combined property value.
Local decision guide
Use this guide to connect bridge loans eligibility, lender expectations, and local market factors before comparing payment options in Firebaugh.
Firebaugh's agricultural economy creates timing gaps between property sales. Bridge loans let you buy before your current property closes.
Most Fresno County sellers need 60-90 days to close a farm or residential sale. A bridge loan covers that window without contingencies.
You need equity in your current property — most lenders require 25% minimum. Credit matters less than asset value.
Bridge loans come from private lenders and specialized funds. Traditional banks rarely offer them in small Central Valley markets.
Rates run 7-12% as of February 2026. Terms typically span 6-12 months with interest-only payments.
Firebaugh deals work best when you have a signed purchase agreement on your current property. Lenders want proof the sale is moving forward.
Watch the math closely. You'll carry two mortgages briefly, so cash flow matters even with interest-only payments.
Hard money loans fund faster but cost more. Bridge loans offer lower rates if you can show a clear exit within 12 months.
Home equity lines work only if you have time. Bridge loans close in days when a HELOC would take weeks.
Agricultural properties in Firebaugh need lenders who understand land value. Not all bridge lenders will touch farm parcels.
Title work in Fresno County moves slower than metro areas. Factor 2-3 extra days into your closing timeline for rural properties.
Most bridge loans close in 7-14 days once appraisal completes. Rural properties may add 3-5 days for title work.
You can extend most bridge loans 3-6 months for a fee. Plan your exit before you start to avoid expensive extensions.
Yes, but you need a lender experienced with ag properties. Not all bridge lenders understand farm valuations in Fresno County.
No — you'll carry both loans until your original property sells. Budget for interest-only payments on both during the overlap.
Bridge loans have fixed rates for the term. Your new permanent mortgage rate depends on market conditions when you refinance.