Get Approved at The Lowest Rate
Navigating the process of buying a new home in Atascadero, 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 Atascadero, CA or getting it ready for the market.
Identify the new home you want to buy in Atascadero, 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 Atascadero, 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 Atascadero, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, California offer several advantages to homebuyers. They provide a temporary source of funding to facilitate the purchase of a new home before selling the existing one. This enables buyers to secure their dream home without being constrained by the sale timeline of their current property. Additionally, bridge loans offer flexibility in terms of repayment and can be structured to meet individual needs. Atascadero, California is a vibrant city with a population of diverse demographics. The city boasts a mix of young professionals, families, and retirees, contributing to a dynamic community. The median age in Atascadero is around 40 years old, with a strong sense of community spirit prevalent among residents. The housing market in Atascadero is characterized by a diverse range of properties, including single-family homes, condos, and ranch-style houses. The market is currently experiencing steady growth, with property values appreciating year over year. With the help of bridge loans, homebuyers can take advantage of the favorable market conditions to acquire their desired property. Atascadero offers a variety of attractions for residents and visitors alike. The city is known for its beautiful parks, wineries, and cultural events. The Charles Paddock Zoo and Atascadero Lake Park are popular destinations for families, while wine enthusiasts can explore the numerous vineyards in the area. With its pleasant climate and rich cultural scene, Atascadero is a desirable place to live and invest in.
The Benefits of Bridge Loans in Atascadero, California
