Question 1

How long does a bridge loan last in Huntington Beach?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders offer up to 24 months if your exit plan supports it.

Question 2

Do I need to sell my home first to qualify?

Accepted Answer

No. That's the point. You qualify based on equity in your current home, then sell after you've already closed on the new one.

Question 3

What credit score do I need for a bridge loan?

Accepted Answer

Most lenders want 620 or higher. Stronger credit gets better pricing — equity alone won't override a weak score.

Question 4

Can I use a bridge loan on an investment property in HB?

Accepted Answer

Yes. Bridge loans work on primary residences and investment properties. Lender terms differ by property type.

Question 5

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

Accepted Answer

You'll need to refinance or extend the loan. Have a backup plan before you close — this is the scenario every lender will ask about.

Question 6

Are bridge loans non-QM loans?

Accepted Answer

Yes. Bridge loans don't meet standard Fannie Mae or Freddie Mac guidelines. They're priced and underwritten differently than conventional loans.

Bridge Loans in Huntington Beach: Buy Before You Sell