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Navigating the process of buying a new home in Blythe, 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 Blythe, CA or getting it ready for the market.
Identify the new home you want to buy in Blythe, 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 Blythe, 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 Blythe, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Blythe, 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 Blythe, 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 Blythe, 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 Blythe, 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 Blythe, 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 Blythe, California offer numerous benefits to homeowners and investors. These short-term loans provide quick financing solutions for purchasing new property before selling the existing one, avoiding financial gaps in transactions and ensuring a seamless transition. Demographically, Blythe is a diverse city situated in Riverside County, California. With a population of approximately 20,000 residents, the city boasts a mix of cultures and backgrounds, creating a vibrant community for both locals and visitors. The housing market in Blythe is stable, offering a range of options from single-family homes to waterfront properties along the Colorado River. Bridge loans play a vital role in facilitating real estate transactions, allowing buyers to capitalize on investment opportunities and maximize returns in this competitive market. When in Blythe, visitors can explore attractions such as the Blythe Intaglios, showcasing ancient geoglyphs, as well as the beautiful Mayflower Park and the Palo Verde Historical Museum. These attractions provide insight into the city's rich history and natural beauty, making Blythe an appealing destination for tourists and potential homebuyers.
Benefits of Bridge Loans in Blythe, California
