Question 1

What happens if my Parlier home doesn't sell in 6 months?

Accepted Answer

Most lenders offer extensions at 1-2% additional fees, but rates increase. Plan your exit before you need the extension to avoid expensive surprises.

Question 2

Can I get a bridge loan on agricultural property in Parlier?

Accepted Answer

Yes, but fewer lenders participate and rates run 1-2% higher. The property must have residential improvements and marketable access.

Question 3

Do I need to make payments on both mortgages during the bridge period?

Accepted Answer

Yes, you'll carry your existing mortgage plus bridge loan payments. We structure most as interest-only to reduce monthly costs.

Question 4

How much equity do I need in my current Parlier home?

Accepted Answer

Minimum 25% combined equity across both properties. More equity means better rates and easier approval with bridge lenders.

Question 5

What credit score do I need for a bridge loan in Parlier?

Accepted Answer

We've closed bridge loans with 580 scores when equity is strong. Higher credit gets better rates, but equity matters more than score.

Bridge Loans in Parlier: Fast Capital for Property Transitions