Question 1

How long does a bridge loan last in Exeter?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your exit strategy supports it.

Question 2

Do I need to sell my home first to qualify?

Accepted Answer

No — that's the point. Bridge loans let you buy before your current home sells. Your equity funds the move.

Question 3

What credit score do bridge loan lenders want?

Accepted Answer

Most lenders want 640 or higher. But strong equity can offset a lower score — deal structure drives approval here.

Question 4

Can I get a bridge loan on a Tulare County rural property?

Accepted Answer

Yes, but lender options narrow on rural or agricultural parcels. Working with a broker who knows those lenders matters.

Question 5

What are typical bridge loan rates in California?

Accepted Answer

Rates run higher than conventional loans, often in the 8–11% range. Rates vary by borrower profile and market conditions.

Question 6

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

Accepted Answer

You'll need to refinance or extend the loan. Have a backup plan before you close — lenders will ask for one.

Bridge Loans in Exeter, CA — Buy Before You Sell