Question 1

How long does a bridge loan last?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months depending on your exit strategy.

Question 2

Do I make payments on a bridge loan?

Accepted Answer

Many bridge loans are interest-only or deferred. You're not making a full principal and interest payment every month.

Question 3

Can I get a bridge loan if my Camarillo home is already listed?

Accepted Answer

Yes. That's actually the most common use case. A listed home can still secure a bridge loan based on its equity.

Question 4

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

Accepted Answer

You'll need an exit plan — refinance or extension. Lenders want to see that plan upfront before approving the loan.

Question 5

Is a bridge loan the same as hard money?

Accepted Answer

They're similar but not identical. Bridge loans through non-QM lenders typically have better rates and more structured terms.

Question 6

How much equity do I need to qualify?

Accepted Answer

Most lenders want 20–30% equity in your departing property. Higher equity gives you more borrowing room and better terms.

Bridge Loans in Camarillo — Buy Before You Sell