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Navigating the process of buying a new home in Cabazon, 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 Cabazon, CA or getting it ready for the market.
Identify the new home you want to buy in Cabazon, 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 Cabazon, 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 Cabazon, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cabazon, 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 Cabazon, 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 Cabazon, 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 Cabazon, 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 Cabazon, 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 Cabazon offer a convenient short-term financing solution for individuals looking to purchase a new home before selling their current one. This can help avoid the stress of timing issues in real estate transactions and allows for easier relocation. Cabazon, California, is a diverse community with a population that enjoys a mix of rural and suburban living. The area is known for its stunning natural beauty, charming small-town atmosphere, and close-knit community spirit. In terms of the housing market, Cabazon offers a range of options from cozy single-family homes to spacious estates, making it a desirable location for various budgets and preferences. With the help of bridge loans, residents can seize timely opportunities in this dynamic real estate market. Some main attractions in Cabazon include the iconic Cabazon Dinosaurs, a roadside attraction featuring giant dinosaur sculptures, and the Cabazon Outlets, a popular shopping destination. Outdoor enthusiasts can also explore the nearby San Bernardino National Forest for hiking and other recreational activities.
Benefits of Bridge Loans in Cabazon, California