Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bodega, 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 Bodega, CA or getting it ready for the market.
Identify the new home you want to buy in Bodega, 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 Bodega, 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 Bodega, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bodega, 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 Bodega, 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 Bodega, 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 Bodega, 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 Bodega, 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 Bodega, California offer numerous benefits. They provide temporary financing to bridge the gap between the purchase of a new property and the sale of an existing one. This can help homeowners secure their dream home without having to wait for their current property to sell. Bodega, California is a charming town located in Sonoma County. With a population of around 220 residents, it boasts a tight-knit community feel. The demographics of Bodega include a mix of families, retirees, and young professionals, creating a diverse and welcoming environment. The housing market in Bodega, California is characterized by its picturesque rural setting and limited inventory, making it a competitive market for both buyers and sellers. The median home price is around $800,000, with properties ranging from historic homes to modern estates, offering something for every taste and budget. Some main attractions in Bodega include the iconic Potter Schoolhouse, featured in Alfred Hitchcock's "The Birds," and the stunning Bodega Head cliffs, offering breathtaking views of the Pacific Ocean. The town also features local wineries, art galleries, and charming boutiques, making it a desirable destination for residents and visitors alike.
Benefits of Bridge Loans in Bodega, California
