Question 1

How long does a bridge loan last in Los Altos Hills?

Accepted Answer

Most terms run 6 to 12 months. Some lenders extend to 24 months if your equity supports it.

Question 2

Can I use a bridge loan on a $4M+ property?

Accepted Answer

Yes. High-value properties are common in Los Altos Hills. Lenders focus on equity, not conforming limits.

Question 3

Do I need to sell my home first to qualify?

Accepted Answer

No — that's the point. The bridge loan funds your purchase while your existing home is listed or pending sale.

Question 4

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

Accepted Answer

Your exit strategy matters. Most lenders require a listed property or a clear sellable asset before funding.

Question 5

Are bridge loan payments interest-only?

Accepted Answer

Typically yes. You pay interest during the term and repay principal when your departing property closes.

Question 6

How fast can a bridge loan close in Santa Clara County?

Accepted Answer

Private lenders can close in 7–14 days in many cases. Rates vary by borrower profile and market conditions.

Bridge Loans in Los Altos Hills: Buy Before You Sell