Get Approved at The Lowest Rate
Navigating the process of buying a new home in Carpinteria, 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 Carpinteria, CA or getting it ready for the market.
Identify the new home you want to buy in Carpinteria, 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 Carpinteria, 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 Carpinteria, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Carpinteria, 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 Carpinteria, 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 Carpinteria, 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 Carpinteria, 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 Carpinteria, 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 Carpinteria, California offer numerous advantages for homebuyers. They provide short-term financing flexibility, allowing buyers to secure a new property before selling their current one. This can be beneficial in competitive markets, enabling quick purchases and avoiding the need for contingency offers. Carpinteria, California, features a diverse population with a mix of families, young professionals, and retirees. The town boasts a moderate climate, making it an attractive place to live. With a thriving local economy, residents enjoy access to various amenities, including parks, schools, and local businesses. The housing market in Carpinteria is characterized by steady demand and limited inventory. Property values have shown resilience, with consistent appreciation rates over the years. Bridge loans can provide a financial edge for buyers in this competitive market, helping them secure their dream home without waiting for their existing property to sell. Some of the main attractions in Carpinteria include its beautiful beaches, such as Carpinteria State Beach and Rincon Beach Park, which offer opportunities for surfing, swimming, and relaxation. The town also features charming local shops, restaurants, and the Carpinteria Bluffs Nature Preserve, providing residents with ample recreational options.
Bridge Loans in Carpinteria, California
