Get Approved at The Lowest Rate
Navigating the process of buying a new home in Amador City, 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 Amador City, CA or getting it ready for the market.
Identify the new home you want to buy in Amador City, 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 Amador City, 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 Amador City, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Amador City, 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 Amador City, 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 Amador City, 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 Amador City, 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 Amador City, 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 Amador City, California offer numerous advantages to homebuyers and investors. One primary benefit is the ability to secure financing quickly, allowing for timely property purchases or investments. These short-term loans also provide flexibility by bridging the gap between the purchase of a new property and the sale of an existing one, avoiding the need to wait for a property to sell before making a new purchase. Amador City, California, boasts a diverse population with a mix of young professionals, families, and retirees. The town’s charming historic district attracts tourists and residents alike with its well-preserved Gold Rush-era buildings and unique shops and restaurants. The housing market in Amador City is characterized by a mix of historic homes and modern new construction. The area has experienced steady appreciation in property values in recent years, making it an attractive location for real estate investments. Bridge loans can provide the necessary financing for homebuyers looking to take advantage of the opportunities in the Amador City housing market. Some of the main attractions in Amador City include the Keystone Mine, the Amador Whitney Museum, and the Amador City Cemetery. Outdoor enthusiasts can enjoy hiking and biking trails in the surrounding Sierra Nevada foothills, while wine lovers can explore the nearby Shenandoah Valley wine region.
The Benefits of Bridge Loans in Amador City, California
