Question 1

How long does a bridge loan last in Buellton?

Accepted Answer

Most bridge loans run 6 to 12 months. That's enough time to list, sell, and pay off the loan.

Question 2

Do I carry two mortgages at once?

Accepted Answer

Yes, temporarily. You'll hold your existing mortgage plus the bridge loan until your home sells.

Question 3

Can I use a bridge loan on a primary residence?

Accepted Answer

Yes. Bridge loans work for primary homes, second homes, and investment properties in Santa Barbara County.

Question 4

What if my home doesn't sell in time?

Accepted Answer

Some lenders offer extensions. You need a clear exit plan upfront — and ideally, your home listed before closing.

Question 5

Are bridge loan rates higher than conventional rates?

Accepted Answer

Yes. Bridge loans are short-term non-QM products. Rates run higher, but the loan is designed to be paid off quickly.

Bridge Loans in Buellton, CA — Buy Before You Sell