Question 1

How long does a bridge loan last?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders offer up to 24 months if your exit timeline requires it.

Question 2

Do I make payments on a bridge loan?

Accepted Answer

Some bridge loans are interest-only monthly. Others defer all payments and collect at payoff. It depends on the lender.

Question 3

Can I get a bridge loan if my Moorpark home isn't listed yet?

Accepted Answer

Yes. Lenders care about your equity and exit plan. The home doesn't need to be listed at closing.

Question 4

What credit score do I need for a bridge loan?

Accepted Answer

Most lenders want at least 620–640. But equity and a clear exit strategy carry more weight than score alone.

Question 5

How fast can a bridge loan close?

Accepted Answer

Faster than conventional — often 10 to 15 business days. Some private lenders close in under a week.

Question 6

Are bridge loan rates higher than regular mortgage rates?

Accepted Answer

Yes. Bridge loans are short-term and higher risk. Rates vary by borrower profile and market conditions.

Bridge Loans in Moorpark, CA — Buy Before You Sell