Question 1

How long does a bridge loan last in California?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders offer extensions, but they cost money — plan your exit before you close.

Question 2

Do I need to sell my home first to qualify?

Accepted Answer

No. That's the point of a bridge loan. You use equity in your current home to fund the purchase before you sell.

Question 3

What credit score do I need for a bridge loan?

Accepted Answer

Requirements vary by lender. Bridge loans are non-QM, so equity and exit strategy often matter more than your credit score.

Question 4

Are bridge loan rates higher than conventional rates?

Accepted Answer

Yes. Bridge loans carry higher rates because they're short-term and non-QM. Rates vary by borrower profile and market conditions.

Question 5

Can investors use bridge loans on Bakersfield rental properties?

Accepted Answer

Yes. Investors use bridge loans to acquire properties before securing long-term financing. A clear refi plan is essential.

Question 6

How fast can a bridge loan close in Kern County?

Accepted Answer

Faster than conventional loans. Some programs close in 10–15 business days depending on the lender and file complexity.

Bridge Loans in Bakersfield — Buy Before You Sell