Question 1

How long can a bridge loan last in California?

Accepted Answer

Most run 6 to 12 months. Some lenders extend to 24 months for the right deal and borrower profile.

Question 2

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

Accepted Answer

You'll need to refinance or pay off the bridge another way. Have a backup plan before you close.

Question 3

Do I need income verification for a bridge loan?

Accepted Answer

Not always. Many bridge lenders focus on equity and exit strategy over W-2s or tax returns.

Question 4

Are bridge loan rates higher than conventional rates?

Accepted Answer

Yes, significantly. Bridge loans are short-term and riskier for lenders. Rates vary by borrower profile and market conditions.

Question 5

Can I use a bridge loan on a lakefront property in Lakeport?

Accepted Answer

Yes, but lender options narrow. Lakefront and rural properties need lenders comfortable with Lake County valuations.

Bridge Loans in Lakeport, CA — Buy Before You Sell