Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cayucos, 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 Cayucos, CA or getting it ready for the market.
Identify the new home you want to buy in Cayucos, 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 Cayucos, 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 Cayucos, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cayucos, 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 Cayucos, 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 Cayucos, 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 Cayucos, 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 Cayucos, 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 Cayucos, California offer a convenient financing solution that helps borrowers bridge the gap between the purchase of a new home and the sale of their current property. These loans provide quick access to funds, enabling buyers to secure their new home without the pressure of selling their existing one first. Cayucos, California, a charming coastal town, boasts a population demographic of approximately 2,592 residents. Known for its laid-back lifestyle and stunning ocean views, Cayucos attracts a mix of locals and tourists seeking a tranquil environment with easy access to the beach and outdoor activities. In terms of the housing market, Cayucos offers a diverse range of properties, from cozy beach cottages to luxurious waterfront estates. The real estate market is dynamic, with a mix of traditional and modern homes catering to various preferences and budgets, making it an attractive destination for both primary residents and vacation home buyers.
Benefits of Bridge Loans in Cayucos, California
