Question 1

How long does a bridge loan last in California?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders offer extensions if your home hasn't sold yet.

Question 2

Do I need to sell my home before getting a bridge loan?

Accepted Answer

No. That's the point. You buy first, then sell. Most lenders just want your departing home listed or near ready.

Question 3

What credit score do I need for a bridge loan?

Accepted Answer

Requirements vary by lender. Most want 620 or higher, but equity and exit strategy carry more weight. Rates vary by borrower profile and market conditions.

Question 4

Can I use a bridge loan for a primary residence in Tustin?

Accepted Answer

Yes. Bridge loans work for primary homes, not just investment properties. Your equity position drives the approval more than property type.

Question 5

How fast can a bridge loan close?

Accepted Answer

Faster than conventional loans — often 10 to 15 business days. Speed depends on the lender and how ready your docs are.

Question 6

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

Accepted Answer

You'll need an extension or to refinance into another short-term product. This is why your exit strategy matters from day one.

Bridge Loans in Tustin, CA — Buy Before You Sell