Get Approved at The Lowest Rate
Navigating the process of buying a new home in Benton, 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 Benton, CA or getting it ready for the market.
Identify the new home you want to buy in Benton, 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 Benton, 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 Benton, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Benton, 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 Benton, 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 Benton, 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 Benton, 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 Benton, 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 residents in Benton, California. These short-term loans can provide funds quickly to bridge the gap between buying a new home and selling your existing one. They ensure a smooth transition without the stress of waiting for a sale to close before purchasing a new property. Demographically, Benton, California is a diverse community with a mix of families, professionals, and retirees. The town boasts a strong sense of community and offers various amenities such as schools, parks, and shopping centers, making it an ideal place for individuals and families looking to settle in a welcoming environment. In terms of the housing market, Benton, California has seen steady growth in property values over the past few years. The real estate market is competitive, with limited inventory and high demand, making it a seller's market. Bridge loans can be advantageous in this scenario, allowing buyers to act quickly and secure their dream homes amidst the stiff competition. Some of the main attractions in Benton, California include picturesque hiking trails, wineries for wine enthusiasts, and cultural events that celebrate the town's rich history. These attractions make Benton an attractive place to live for those seeking a balance between a serene environment and access to recreational activities.
Benefits of Bridge Loans in Benton, California
