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Navigating the process of buying a new home in Brentwood, 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 Brentwood, CA or getting it ready for the market.
Identify the new home you want to buy in Brentwood, 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 Brentwood, 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 Brentwood, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Brentwood, 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 Brentwood, 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 Brentwood, 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 Brentwood, 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 Brentwood, 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 Brentwood, California offer a crucial financial solution for individuals looking to purchase a new home before selling their current one. These short-term loans provide flexibility in real estate transactions, allowing homebuyers to bridge the gap between the purchase of a new home and the sale of their existing property. Demographically, Brentwood, California, is a vibrant and rapidly growing community located in the East Bay region of the San Francisco Bay Area. With a diverse population that includes young professionals, families, and retirees, Brentwood offers a rich tapestry of cultures and backgrounds. The housing market in Brentwood is dynamic and competitive, with a range of properties available to suit various budgets and preferences. Whether you're looking for a cozy suburban home or a luxurious estate, Brentwood has options to accommodate every lifestyle and need. Some of the main attractions in Brentwood include the picturesque vineyards of the local wine country, the scenic trails of the nearby Mount Diablo State Park, and the charming downtown area with its boutique shops and gourmet restaurants. Brentwood provides a perfect blend of natural beauty, cultural experiences, and community warmth.
Benefits of Bridge Loans in Brentwood, California
