Question 1

How long does a bridge loan last in California?

Accepted Answer

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

Question 2

Can I use a bridge loan to buy in Hesperia while selling in LA?

Accepted Answer

Yes. Lenders care about your equity in the departing property, not where it's located. Cross-county deals are common.

Question 3

Do bridge loans require income verification?

Accepted Answer

Many bridge lenders skip full income docs. They focus on equity and your plan to pay off the loan.

Question 4

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

Accepted Answer

You may face extension fees or need to refinance into a longer-term product. Build a sell timeline buffer before you borrow.

Question 5

Are bridge loan rates higher than conventional rates?

Accepted Answer

Yes, bridge loans carry higher rates due to short terms and added risk. Rates vary by borrower profile and market conditions.

Question 6

Is a bridge loan the same as hard money?

Accepted Answer

They overlap but aren't identical. Bridge loans can be cleaner and cheaper for owner-occupants than most hard money products.

Bridge Loans in Hesperia, CA — Buy Before You Sell