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Navigating the process of buying a new home in Brawley, 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 Brawley, CA or getting it ready for the market.
Identify the new home you want to buy in Brawley, 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 Brawley, 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 Brawley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Brawley, 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 Brawley, 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 Brawley, 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 Brawley, 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 Brawley, 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 Brawley, California offer individuals the flexibility to secure short-term financing while in the process of buying a new home. These loans bridge the gap between the purchase of a new property and the sale of an old one, preventing delays and allowing for smoother transactions. They are a convenient option for those looking to avoid contingent offers and make competitive bids in the fast-paced real estate market. Demographically, Brawley, California is a diverse city with a population that primarily consists of young families and professionals. The community is known for its strong work ethic, family-oriented values, and close-knit neighborhoods. Residents enjoy a range of amenities including parks, schools, and local businesses, creating a vibrant and welcoming environment. In terms of the housing market, Brawley offers a mix of affordable and upscale properties, making it an attractive destination for both first-time homebuyers and seasoned investors. The city has experienced steady appreciation in home values over the years, making it a lucrative market for those looking to build equity. Bridge loans provide buyers with the financial resources needed to capitalize on these opportunities and secure their dream home.
Benefits of Bridge Loans in Brawley, California