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 if your exit timeline needs more runway.

Question 2

Do I need to sell my Woodland home first?

Accepted Answer

No. That's the point. You close on the new property first, then sell your existing home to repay the bridge.

Question 3

What credit score do I need for a bridge loan?

Accepted Answer

Most lenders want a 620 minimum, but 680+ gets you meaningfully better rates. Rates vary by borrower profile and market conditions.

Question 4

Are bridge loans interest-only?

Accepted Answer

Typically yes. Interest-only payments keep your monthly cost lower during the transition period.

Question 5

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

Accepted Answer

Some lenders allow extensions for a fee. You need this conversation before closing, not after.

Question 6

Can I use a bridge loan on an investment property in Woodland?

Accepted Answer

Yes. Bridge loans work on both primary residences and investment properties. Terms differ between the two.

Bridge Loans in Woodland, CA — Buy Before You Sell