Question 1

How long does a bridge loan last in California?

Accepted Answer

Most run 6 to 12 months. Some lenders offer extensions if your property hasn't sold yet.

Question 2

Do I need to sell my home first to qualify?

Accepted Answer

No. That's the whole point. You close on the new property while your current home is still on the market.

Question 3

Are bridge loans harder to qualify for than conventional loans?

Accepted Answer

Different, not necessarily harder. Lenders focus on equity and exit strategy, not just your W-2 income.

Question 4

Can I use a bridge loan to buy in Imperial while selling elsewhere in California?

Accepted Answer

Yes. The departing property doesn't need to be in the same county. Equity and title are what lenders verify.

Question 5

What happens if my home doesn't sell before the bridge loan matures?

Accepted Answer

Talk to your lender early. Many will extend terms. Planning ahead beats scrambling at month eleven.

Bridge Loans in Imperial, CA — Buy Before You Sell