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Navigating the process of buying a new home in Cedar Glen, 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 Cedar Glen, CA or getting it ready for the market.
Identify the new home you want to buy in Cedar Glen, 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 Cedar Glen, 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 Cedar Glen, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cedar Glen, 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 Cedar Glen, 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 Cedar Glen, 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 Cedar Glen, 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 Cedar Glen, 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!
Benefits of Bridge Loans: Bridge loans offer immediate funding for property purchases before selling existing properties. They provide flexibility and quick access to capital, making them ideal for securing a new home without waiting for the sale of the current one. Demographics: Cedar Glen, California, has a diverse population with a mix of young families, professionals, and retirees. The community values nature and outdoor activities, attracting residents who appreciate the tranquil environment. Housing Market: The housing market in Cedar Glen is competitive, with a mix of single-family homes and vacation properties. Bridge loans can help buyers make competitive offers and secure deals in a fast-paced market environment. Main Attractions: Cedar Glen is known for its picturesque landscapes, including the breathtaking Lake Arrowhead. Outdoor enthusiasts can enjoy activities like hiking, fishing, and boating, while the charming village offers local shops and restaurants for residents and visitors to explore.
Bridge Loans in Cedar Glen, California
