Question 1

How long does a bridge loan last in California?

Accepted Answer

Most 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 of a bridge loan. You borrow against your current home's equity before it sells.

Question 3

Are bridge loan rates higher than conventional rates?

Accepted Answer

Yes. These are short-term, non-QM products. Rates vary by borrower profile and market conditions.

Question 4

What happens if my Calipatria property doesn't sell in time?

Accepted Answer

You'll need a plan. Talk to your lender about extensions upfront. Some allow it with additional fees.

Question 5

Can I use a bridge loan on rural or agricultural property?

Accepted Answer

Sometimes, but lender appetite varies. Rural Imperial County properties narrow your lender options significantly.

Question 6

How fast can a bridge loan close?

Accepted Answer

Faster than most loans — often 10 to 15 business days. Speed depends on appraisal and title timelines.

Bridge Loans in Calipatria, CA — Move Fast Without Waiting to Sell