Get Approved at The Lowest Rate
Navigating the process of buying a new home in Alta, 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 Alta, CA or getting it ready for the market.
Identify the new home you want to buy in Alta, 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 Alta, 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 Alta, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Alta, 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 Alta, 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 Alta, 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 Alta, 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 Alta, 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 in Alta, California offer a convenient financing solution for individuals looking to purchase a new home before selling their current one. These loans provide short-term funding to bridge the gap between the sale of the existing property and the purchase of a new one, allowing buyers to secure their new home quickly. Demographically, Alta, California, is a diverse community with a mix of professionals, families, and retirees. The population enjoys a high standard of living, excellent schools, and a strong sense of community. The area is known for its beautiful natural surroundings, including parks, hiking trails, and scenic views. The housing market in Alta, California, is dynamic and competitive. With a mix of single-family homes, townhouses, and condominiums, there is something for everyone. The market is characterized by high demand, limited inventory, and steady appreciation, making it an attractive location for both buyers and sellers. Some of the main attractions in Alta, California, include the stunning Sierra Nevada mountains, Donner Memorial State Park, and the historic Old Town area. Residents and visitors can enjoy outdoor activities such as skiing, hiking, and fishing, as well as explore local shops, restaurants, and cultural events.
Benefits of Bridge Loans in Alta, California
