Question 1

How long does a bridge loan last in San Francisco?

Accepted Answer

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

Question 2

Can I use a bridge loan on a condo in SF?

Accepted Answer

Yes, but non-warrantable buildings may face restrictions. Your broker needs to check condo approval status first.

Question 3

Do I need to sell my home first to qualify?

Accepted Answer

No. A bridge loan funds before your sale closes. Repayment comes from the sale proceeds when the deal funds.

Question 4

Are bridge loans harder to get than regular mortgages?

Accepted Answer

They're different, not harder. Lenders care more about equity and exit than your debt-to-income ratio.

Question 5

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

Accepted Answer

You'll need to refinance or extend the bridge loan. Always discuss this scenario with your lender upfront.

Bridge Loans in San Francisco: Move Fast, Buy First