Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cazadero, 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 Cazadero, CA or getting it ready for the market.
Identify the new home you want to buy in Cazadero, 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 Cazadero, 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 Cazadero, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cazadero, 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 Cazadero, 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 Cazadero, 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 Cazadero, 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 Cazadero, 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 a crucial financial solution to individuals in Cazadero, California, looking to purchase a new home before selling their current one. This type of loan provides temporary financing to bridge the gap until the initial property is sold, allowing homeowners to secure their dream home without delays or missed opportunities. Demographically, Cazadero, California, is a picturesque rural community nestled in Sonoma County. With a small population of around 354 residents, this tight-knit town offers a tranquil environment surrounded by redwood forests and the soothing sounds of the Russian River. In terms of the housing market, Cazadero provides a mix of charming single-family homes and expansive properties with sprawling acreage. The market remains competitive, with a median home value of $577,000 as of 2021, showcasing steady appreciation rates and a diverse range of housing options for potential buyers. When visiting Cazadero, residents and tourists alike can enjoy outdoor activities such as hiking in Austin Creek State Recreation Area, exploring the historic Duncan's Mills, or indulging in local wine tasting at nearby vineyards like Cazadero Winery.
The Benefits of Bridge Loans in Cazadero, California
