Question 1

How long can I carry a bridge loan in Sunnyvale?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months, but costs add up fast.

Question 2

Do I need to sell my home before closing the bridge loan?

Accepted Answer

No — that's the point. You close on the new home first. Your existing home sells during the bridge period.

Question 3

What if my Sunnyvale home takes longer to sell than expected?

Accepted Answer

You'll still owe bridge loan payments. Have a fallback plan — a price drop strategy or rental option.

Question 4

Can I use a bridge loan for an investment property in Sunnyvale?

Accepted Answer

Yes. Bridge loans work for investor purchases too. Lenders evaluate the asset and your equity position.

Question 5

Are bridge loan rates fixed or adjustable?

Accepted Answer

Most are fixed for the short term. Rates vary by borrower profile and market conditions.

Question 6

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

Accepted Answer

Often 10 to 15 business days with the right lender. That speed is why buyers use them in competitive markets.

Bridge Loans in Sunnyvale: Buy Before You Sell