Question 1

How long does a bridge loan last in Dos Palos?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months for rural markets where selling takes longer.

Question 2

Do I need to sell my home first to qualify?

Accepted Answer

No — that's the point. Bridge loans let you buy before you sell. But your current home usually needs substantial equity.

Question 3

Can I use a bridge loan on agricultural land?

Accepted Answer

Some specialty lenders will do it. Standard bridge lenders often won't. Rates vary by borrower profile and market conditions.

Question 4

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

Accepted Answer

You'll need to refinance or pay off the bridge loan. Have a backup plan — lenders will ask you to demonstrate one upfront.

Question 5

Are bridge loan rates higher than conventional rates?

Accepted Answer

Yes, typically. Bridge loans are short-term and higher-risk by design. Rates vary by borrower profile and market conditions.

Question 6

Is a bridge loan the same as a hard money loan?

Accepted Answer

They're similar but not identical. Bridge loans usually have lower rates and stricter equity requirements than hard money.

Bridge Loans in Dos Palos, CA — Buy Before You Sell