Get Approved at The Lowest Rate
Navigating the process of buying a new home in Brookdale, 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 Brookdale, CA or getting it ready for the market.
Identify the new home you want to buy in Brookdale, 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 Brookdale, 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 Brookdale, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Brookdale, 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 Brookdale, 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 Brookdale, 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 Brookdale, 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 Brookdale, 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 Brookdale, California offer a valuable financial solution for homeowners who need to purchase a new home before selling their current one. These loans provide temporary funding to bridge the gap between the purchase of a new property and the sale of the existing one, helping homeowners avoid the stress of timing the transactions perfectly. Demographically, Brookdale, California is a quaint town nestled in the picturesque Santa Cruz Mountains. With a population of approximately 1,991 residents, the community has a peaceful and tight-knit atmosphere. The town is known for its diverse population, including families, retirees, and young professionals, creating a vibrant and inclusive environment. In terms of the housing market, Brookdale provides a mix of charming historic homes and modern properties. The real estate market is competitive yet stable, offering a range of housing options to cater to different preferences and budgets. The average home price in Brookdale is around $800,000, making it an attractive location for both homebuyers and real estate investors. Main attractions in Brookdale include its proximity to nature, with access to hiking trails, redwood forests, and beautiful parks. The town's community events, local shops, and restaurants contribute to its small-town charm, making it an ideal place for families and individuals looking for a peaceful retreat close to the bustling city life of nearby areas.
Benefits of Bridge Loans in Brookdale, California
