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 depending on the deal structure.

Question 2

Do I need to sell my Lathrop home first?

Accepted Answer

No — that's the point. A bridge loan funds your purchase now. You sell your current home during the loan term.

Question 3

What credit score do I need for a bridge loan?

Accepted Answer

Requirements vary by lender. Equity and exit strategy carry more weight than your credit score with most bridge lenders.

Question 4

Can I carry two mortgages plus a bridge loan?

Accepted Answer

Some borrowers do. Lenders will evaluate your total debt load and reserves. Asset strength is critical here.

Question 5

How fast can a bridge loan close?

Accepted Answer

Private bridge lenders can close in as little as 7-10 days. Wholesale lenders typically take 2-3 weeks.

Question 6

Are bridge loans available for investment properties in Lathrop?

Accepted Answer

Yes. Investors use them often for fix-and-flip or timing between acquisitions. Terms will differ from owner-occupied bridges.

Bridge Loans in Lathrop, CA — Buy Before You Sell