Question 1

How long does a bridge loan last in Lemoore?

Accepted Answer

Most bridge loans run 6 to 12 months. That's usually enough time to sell your Kings County home and close out the loan.

Question 2

Can I get a bridge loan if I'm active duty at NAS Lemoore?

Accepted Answer

Yes. Military borrowers with a PCS order and home equity are strong candidates. Your timeline and equity position are what lenders focus on.

Question 3

Do I have to sell my home before the bridge loan closes?

Accepted Answer

No — that's the point. You close on the new property first. Your existing home sale pays off the bridge loan.

Question 4

What credit score do I need for a bridge loan?

Accepted Answer

There's no hard minimum like conventional loans. Most lenders want 620 or higher, but equity and exit strategy carry more weight.

Question 5

Are bridge loan rates higher than regular mortgage rates?

Accepted Answer

Yes. Bridge loans are short-term and higher risk, so rates run above conventional. Rates vary by borrower profile and market conditions.

Question 6

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

Accepted Answer

You'll need an extension or a refinance into a longer-term product. This is why lenders vet your exit plan hard before approving.

Bridge Loans in Lemoore, CA — Buy Before You Sell