Question 1

How long does a bridge loan last?

Accepted Answer

Most run 6 to 12 months. Some lenders offer extensions, but expect fees if you need more time.

Question 2

Do I make monthly payments on a bridge loan?

Accepted Answer

Some bridge loans are interest-only monthly. Others defer all payments to payoff. It depends on the lender structure.

Question 3

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

Accepted Answer

Yes, but lenders will want a realistic plan. Having it listed quickly strengthens your file.

Question 4

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

Accepted Answer

You'll need to extend the bridge or refinance. That's why your exit strategy matters before you borrow.

Question 5

Are bridge loans harder to get than conventional loans?

Accepted Answer

They're different, not necessarily harder. Equity and exit strategy carry more weight than income ratios.

Question 6

Does SRK CAPITAL offer bridge loans in Ventura County?

Accepted Answer

Yes. We work with multiple wholesale lenders who actively fund bridge loans throughout Ventura County.

Bridge Loans in Ojai: Buy Before You Sell