Question 1

How long does a bridge loan last in Vallejo?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your departing home needs time to sell.

Question 2

Do I need to sell my home before I apply?

Accepted Answer

No. The whole point is to buy first. Lenders just need to verify equity in your current home and a credible plan to sell.

Question 3

Can I get a bridge loan with a contingent purchase offer?

Accepted Answer

You can, but bridge financing often lets you drop the contingency entirely. That makes your offer far stronger in a competitive situation.

Question 4

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

Accepted Answer

Talk to your lender early — many will extend the term for a fee. Don't wait until you're at the deadline to have that conversation.

Question 5

Are bridge loan rates fixed or adjustable?

Accepted Answer

Most are short-term fixed or interest-only. Rates vary by borrower profile and market conditions — expect a premium over conventional rates.

Question 6

Can investors use bridge loans in Vallejo?

Accepted Answer

Yes. Investors use bridge loans regularly to acquire properties quickly before arranging permanent financing or completing a sale.

Bridge Loans in Vallejo, CA — Buy Before You Sell