Question 1

How long does a bridge loan last in Avenal?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if needed.

Question 2

Can I use a bridge loan on a primary residence?

Accepted Answer

Yes. Bridge loans work for primary homes, not just investment properties. Equity is the key qualifier.

Question 3

Do bridge loans require income verification?

Accepted Answer

Not always. Many lenders qualify based on equity and asset reserves instead of income documentation.

Question 4

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

Accepted Answer

You'd need to refinance or extend the bridge loan. Have a backup plan before you close.

Question 5

Are bridge loan rates higher than conventional rates?

Accepted Answer

Yes. Bridge loans carry more risk and cost more. Rates vary by borrower profile and market conditions.

Bridge Loans in Avenal, CA — Move First, Sell Later