Question 1

How long do bridge loans last in California?

Accepted Answer

Most run 6 to 12 months. Some lenders extend to 24 months for rural markets like Alturas.

Question 2

Do I need to sell my home before the bridge loan ends?

Accepted Answer

Yes — your sale proceeds typically pay off the bridge. Plan your timeline before you borrow.

Question 3

Can I get a bridge loan on rural Modoc County property?

Accepted Answer

Yes, but lender options are limited. Specialty wholesale lenders are your best path here.

Question 4

What credit score do I need for a bridge loan?

Accepted Answer

There's no hard minimum — equity is the primary factor. Better credit improves your rate. Rates vary by borrower profile and market conditions.

Question 5

Are bridge loans interest-only?

Accepted Answer

Usually yes. You pay interest monthly and repay principal when your existing home sells.

Question 6

How much equity do I need to qualify?

Accepted Answer

Most lenders want 20–30% equity in your departing home. More equity means more borrowing room.

Bridge Loans in Alturas, CA — Move Fast Without Getting Stuck