Question 1

Can I get a bridge loan before listing my current Beverly Hills home?

Accepted Answer

Yes, most lenders don't require an active listing. They do require realistic pricing expectations and may mandate listing within 30 days of funding.

Question 2

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

Accepted Answer

Most bridge lenders offer 6-month extensions at a fee. Plan for this possibility upfront and confirm extension terms before closing.

Question 3

Do bridge loans work for investment properties in Beverly Hills?

Accepted Answer

Absolutely. Many investors use bridge loans to secure new acquisitions before selling existing rentals. Expect slightly higher rates on non-owner occupied deals.

Question 4

How much can I borrow on a Beverly Hills bridge loan?

Accepted Answer

Specialty lenders go to $20 million. Combined loan-to-value across both properties typically caps at 65-70% to protect against market drops.

Question 5

What if I find a buyer before closing the bridge loan?

Accepted Answer

You can cancel before funding with minimal penalty. After funding, prepayment penalties vary by lender but are often waived after 90 days.

Bridge Loans in Beverly Hills: Fast Capital for Luxury Real Estate Transitions