Question 1

How long does a bridge loan last in Davis?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if your property hasn't sold.

Question 2

Do I need to sell my Davis home first?

Accepted Answer

No — that's the point. You borrow against your current home's equity to buy next without waiting.

Question 3

What credit score do I need for a bridge loan?

Accepted Answer

Most lenders want 640 or higher. Strong equity can offset a lower score with some wholesale lenders.

Question 4

Can I use a bridge loan for investment property in Davis?

Accepted Answer

Yes. Bridge loans work for investor buys too. Lenders will underwrite based on equity and exit strategy.

Question 5

Are bridge loan rates higher than regular mortgage rates?

Accepted Answer

Yes, meaningfully so. They're short-term, non-QM products. Rates vary by borrower profile and market conditions.

Question 6

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

Accepted Answer

Talk to your lender before the term expires. Many offer extensions — but fees apply. Plan your exit early.

Bridge Loans in Davis, CA: Buy Before You Sell