Question 1

How long does a bridge loan last in California?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders offer extensions, but expect fees.

Question 2

Do I need to sell my home first to qualify?

Accepted Answer

No — that's the point. You close on the new property first, then sell your existing home during the bridge term.

Question 3

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

Accepted Answer

You'll either need an extension or a refinance into longer-term financing. Plan for this before you close.

Question 4

Are bridge loan rates higher than regular mortgage rates?

Accepted Answer

Yes. Bridge loans carry more risk for lenders, so rates run higher. Rates vary by borrower profile and market conditions.

Question 5

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

Accepted Answer

Yes. Bridge loans work for both primary residences and investment properties. Lender requirements vary.

Question 6

How much equity do I need to get a bridge loan?

Accepted Answer

Most lenders require 20–30% equity in your departing property. More equity usually means better terms.

Bridge Loans in Capitola, CA — Buy Before You Sell