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 for the right deal.

Question 2

Do I need to sell my home first to qualify?

Accepted Answer

No — that's the point. Bridge loans let you buy first. Your existing home secures part of the financing.

Question 3

Are bridge loans harder to get in rural areas like Ferndale?

Accepted Answer

Rural properties can complicate appraisals. Lender options narrow, so working with a broker who has wide access helps.

Question 4

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

Accepted Answer

You'll need to refinance or extend the loan. Plan your exit strategy before you close on the bridge.

Question 5

How are bridge loan payments structured?

Accepted Answer

Most are interest-only during the term. You pay the principal off when your departing property sells.

Bridge Loans in Ferndale, CA — Buy Before You Sell