Question 1

How long does a bridge loan last in Citrus Heights?

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 to qualify?

Accepted Answer

No. You qualify based on equity, not a completed sale. Your existing home serves as collateral.

Question 3

Can I use a bridge loan for a primary residence?

Accepted Answer

Yes. Bridge loans work well for homeowners buying a new primary home before their current one sells.

Question 4

What credit score do I need for a bridge loan?

Accepted Answer

Requirements vary by lender. Most private bridge lenders focus more on equity than credit score.

Question 5

How fast can a bridge loan close in Sacramento County?

Accepted Answer

Private lenders can close in 7–14 days. Speed depends on title, appraisal, and your documentation.

Question 6

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

Accepted Answer

Your exit strategy is critical. You may refinance into a longer-term loan if the sale is delayed.

Bridge Loans in Citrus Heights, CA