Get Approved at The Lowest Rate
Navigating the process of buying a new home in Castro Valley, 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 Castro Valley, CA or getting it ready for the market.
Identify the new home you want to buy in Castro Valley, 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 Castro Valley, 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 Castro Valley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Castro Valley, 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 Castro Valley, 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 Castro Valley, 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 Castro Valley, 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 Castro Valley, 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!
A bridge loan can offer fast financing for homeowners in Castro Valley, California who are looking to purchase a new home before selling their current one. This type of loan provides short-term liquidity and flexibility, allowing individuals to bridge the gap between the purchase of a new property and the sale of their existing one. Demographics: Castro Valley boasts a diverse population with a mix of professionals, families, and retirees. The town is known for its strong sense of community and excellent school system, making it an attractive location for homebuyers. Housing Market: The housing market in Castro Valley is competitive, with a range of housing options available from single-family homes to apartments. Property values have been steadily increasing, making it a sound investment for those looking to buy real estate in the area. Main Attractions: Castro Valley offers a variety of attractions, including Lake Chabot Regional Park, which is popular for hiking and fishing. The town also features local shops, restaurants, and cultural events that appeal to residents and visitors alike.
Benefits of Bridge Loans in Castro Valley, California
