Get Approved at The Lowest Rate
Navigating the process of buying a new home in Alamo, CA while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in Alamo, CA or getting it ready for the market.
Identify the new home you want to buy in Alamo, CA, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in Alamo, CA often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in Alamo, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Alamo, CA. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in Alamo, CA do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in Alamo, CA may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in Alamo, CA provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in Alamo, CA to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans offer fast financing solutions for homeowners in Alamo, California. These loans provide immediate funds to cover the down payment on a new home while waiting for the sale of the existing property. This enables a smooth transition between homes without the need to rush the selling process. Alamo, California, boasts a diverse demographic profile with a mix of professionals, families, and retirees. The median household income is above the national average, making it an attractive market for potential buyers seeking upscale properties and a high quality of life. The housing market in Alamo is dynamic, with a range of luxury homes and estates available for sale. Bridge loans can help bridge the gap between buying a new property and selling an existing one. This flexibility makes it easier for homeowners to capitalize on real estate opportunities in this competitive market.
Benefits of Bridge Loans in Alamo, California
