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Navigating the process of buying a new home in Boron, 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 Boron, CA or getting it ready for the market.
Identify the new home you want to buy in Boron, 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 Boron, 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 Boron, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Boron, 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 Boron, 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 Boron, 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 Boron, 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 Boron, 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 Boron, California offer a convenient way for homeowners to bridge the gap between the purchase of a new home and the sale of their existing property, providing financial flexibility and enabling a smoother transition. Demographics: Boron, California has a diverse population with a mix of young families, professionals, and retirees. The median age is around 35 years old, and the community is known for its friendly and welcoming atmosphere. Housing Market: The housing market in Boron is competitive yet affordable compared to neighboring areas, making it an attractive option for first-time buyers and investors. Bridge loans can help buyers secure their dream home without having to sell their current property first. Main Attractions: Boron is home to the popular Twenty Mule Team Museum, which showcases the area's rich mining history. Outdoor enthusiasts can explore the nearby Red Rock Canyon State Park, offering hiking and camping opportunities amidst stunning natural scenery.
Benefits of Bridge Loans in Boron, California
