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Navigating the process of buying a new home in Corcoran, 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 Corcoran, CA or getting it ready for the market.
Identify the new home you want to buy in Corcoran, 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 Corcoran, 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 Corcoran, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Corcoran, 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 Corcoran, 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 Corcoran, 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 Corcoran, 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 Corcoran, 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 convenient financing option for Corcoran residents looking to buy a new home while waiting for their current one to sell. This can help avoid the stress of timing the sale and purchase perfectly, providing flexibility and peace of mind. Demographics in Corcoran show a diverse community with a mix of age groups and professions. The town has a family-friendly atmosphere, making it an attractive place for those looking to settle down or raise a family. The housing market in Corcoran is competitive yet offers diverse options, from historic homes to modern developments. Bridge loans can help buyers act quickly in this market, giving them an edge in securing their dream home. Corcoran boasts several main attractions, including the nearby Sequoia National Park, offering outdoor enthusiasts a playground for hiking, camping, and exploring nature. The city's rich history is also evident in its architecture and local museums.
Benefits of Bridge Loans in Corcoran, California
