Get Approved at The Lowest Rate
Navigating the process of buying a new home in Calexico, 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 Calexico, CA or getting it ready for the market.
Identify the new home you want to buy in Calexico, 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 Calexico, 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 Calexico, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Calexico, 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 Calexico, 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 Calexico, 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 Calexico, 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 Calexico, 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 offer quick financing solutions for homeowners looking to purchase a new property before selling their existing one. In a competitive market like Calexico, these loans provide the flexibility and speed needed to secure a new home without the constraint of waiting for the old one to sell. Demographics: Calexico, California, boasts a diverse population with a significant Hispanic community. The city's population of approximately 40,000 residents enjoys a mix of cultures, making it a vibrant and welcoming place to live. Housing Market: The Calexico housing market offers a variety of options ranging from single-family homes to townhouses and condominiums. With a median home value below the state average, Calexico presents opportunities for both first-time buyers and investors looking to enter the market. Main Attractions: Calexico's proximity to the Mexican border brings a unique blend of cultures, reflected in its dining scene and local festivals. The city also offers outdoor recreational activities like camping, hiking, and birdwatching in nearby parks, making it an ideal location for nature enthusiasts.
Benefits of Bridge Loans in Calexico, California
