Question 1

How long is a typical bridge loan term in Upland?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders offer up to 24 months for harder-to-sell properties.

Question 2

Do I carry two mortgage payments during a bridge?

Accepted Answer

Yes, in most cases. Your existing mortgage, the bridge payment, and your new mortgage all run simultaneously until your home sells.

Question 3

What credit score do I need for a bridge loan?

Accepted Answer

Most lenders want 620 or higher. But equity is the real qualifier — strong equity can offset a lower score.

Question 4

Can I use a bridge loan on an investment property in Upland?

Accepted Answer

Yes. Bridge loans work for both primary residences and investment properties. Lender requirements vary by property type.

Question 5

How fast can a bridge loan close?

Accepted Answer

Faster than conventional — often 10 to 15 business days. Speed depends on your lender and how quickly you provide documents.

Question 6

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

Accepted Answer

You'll need to extend or refinance the bridge. Build a realistic sale timeline into your plan before you borrow. Rates vary by borrower profile and market conditions.

Bridge Loans in Upland, CA — Buy Before You Sell