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Navigating the process of buying a new home in Cima, 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 Cima, CA or getting it ready for the market.
Identify the new home you want to buy in Cima, 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 Cima, 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 Cima, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cima, 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 Cima, 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 Cima, 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 Cima, 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 Cima, 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 quick financing solutions for homeowners in Cima, California, allowing them to bridge the gap between the purchase of a new home and the sale of their current property. This temporary financing can help avoid delays and secure the desired property without waiting for the sale of the existing home. Cima, California, a small community in San Bernardino County, boasts a population that enjoys a quiet lifestyle surrounded by stunning natural landscapes. The demographic makeup includes a mix of families, retirees, and outdoor enthusiasts seeking a serene environment away from the city's hustle. The housing market in Cima, California, is characterized by a blend of single-family homes and spacious properties with vast outdoor spaces. While the market offers a mix of affordable housing options, the demand for homes in this area has been steadily increasing, making it a favorable location for investment and homeownership. Main attractions in Cima, California, include the proximity to natural wonders such as Joshua Tree National Park, Mojave National Preserve, and Death Valley National Park. Outdoor activities like hiking, camping, and stargazing attract visitors and residents alike, making Cima a hidden gem for nature enthusiasts.
Benefits of Bridge Loans in Cima, California