Get Approved at The Lowest Rate
Navigating the process of buying a new home in Big Sur, 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 Big Sur, CA or getting it ready for the market.
Identify the new home you want to buy in Big Sur, 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 Big Sur, 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 Big Sur, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Big Sur, 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 Big Sur, 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 Big Sur, 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 Big Sur, 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 Big Sur, 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!
Benefits of Bridge Loans: Bridge loans in Big Sur, California provide borrowers with quick access to funds for purchasing a new home before selling their existing one. This interim financing solution can help borrowers avoid missing out on their dream home or facing a gap in funding. Demographics: Big Sur, California, known for its stunning coastline and rugged landscapes, attracts a diverse population. The area is popular among nature enthusiasts, artists, and those seeking a tranquil lifestyle. With a mix of residents and tourists, Big Sur embodies a close-knit community vibe. Housing Market: The housing market in Big Sur is characterized by limited inventory, high demand, and premium prices. Real estate in this area offers unique properties with breathtaking views of the Pacific Ocean. Bridge loans can be advantageous for buyers looking to secure a property quickly in a competitive market. Main Attractions: Big Sur boasts iconic attractions such as Bixby Creek Bridge, McWay Falls, and Pfeiffer Beach. Outdoor enthusiasts can enjoy activities like hiking in Pfeiffer Big Sur State Park or exploring the scenic drive along Highway 1. The region's natural beauty and charming cafes and art galleries make it a popular destination for visitors.
Bridge Loans in Big Sur, California
