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Navigating the process of buying a new home in Atwood, 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 Atwood, CA or getting it ready for the market.
Identify the new home you want to buy in Atwood, 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 Atwood, 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 Atwood, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Atwood, 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 Atwood, 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 Atwood, 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 Atwood, 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 Atwood, 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 Atwood, California offer a convenient financing option for homebuyers who need to quickly purchase a new home before selling their existing one. These loans provide short-term funds that bridge the gap between the purchase of a new property and the sale of the current one, allowing buyers to secure their dream home without delays. Atwood, California is a diverse and vibrant community located in Orange County. The area boasts a mix of residential neighborhoods and commercial establishments, making it an attractive place to live and work. The population in Atwood is characterized by a blend of different age groups and cultural backgrounds, creating a rich tapestry of experiences and traditions. The housing market in Atwood, California is dynamic and competitive. With a range of housing options available, including single-family homes, townhouses, and apartments, buyers have a variety of choices to suit their needs and preferences. The market trends indicate steady growth in property values, making Atwood a promising location for real estate investments.
Benefits of Bridge Loans in Atwood, California