Question 1

How long does a bridge loan last in California?

Accepted Answer

Most run 6 to 12 months. Some lenders in California extend to 24 months with strong equity.

Question 2

Can I use a bridge loan to make a non-contingent offer in Roseville?

Accepted Answer

Yes. That's the main reason buyers use them. A non-contingent offer is far more competitive here.

Question 3

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

Accepted Answer

You carry both loans until it does. Have a backup plan — price aggressively or negotiate a loan extension.

Question 4

Are bridge loan rates higher than conventional rates?

Accepted Answer

Yes. Rates run meaningfully higher. Rates vary by borrower profile and market conditions.

Question 5

Do I need to qualify for both mortgages at once?

Accepted Answer

Most lenders underwrite both payments. Strong reserves and income make that much easier to pass.

Question 6

Is a bridge loan considered non-QM?

Accepted Answer

Yes. Bridge loans don't meet standard qualified mortgage guidelines. Not all lenders offer them.

Bridge Loans in Roseville, CA — Buy Before You Sell