Question 1

How long does a bridge loan last in California?

Accepted Answer

Most run 6 to 12 months. Some lenders offer up to 24 months for the right deal.

Question 2

Can I get a bridge loan if my Needles home isn't listed yet?

Accepted Answer

Yes. Lenders care about your equity and exit plan, not whether you've listed. Having a clear sale timeline helps.

Question 3

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

Accepted Answer

You'll need to refinance into a longer-term loan or sell quickly. Always have a backup plan before you close.

Question 4

Do bridge loans require income verification?

Accepted Answer

Rules vary by lender. Some non-QM lenders focus on asset value. Others want full income docs.

Question 5

Are bridge loans more expensive than regular mortgages?

Accepted Answer

Yes. Rates run higher and fees add up. The tradeoff is short-term cost for deal certainty.

Bridge Loans in Needles, CA: Buy Before You Sell