Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cressey, 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 Cressey, CA or getting it ready for the market.
Identify the new home you want to buy in Cressey, 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 Cressey, 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 Cressey, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cressey, 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 Cressey, 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 Cressey, 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 Cressey, 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 Cressey, 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 Cressey, California offer a flexible financing option for homeowners looking to purchase a new home before selling their existing property. These loans provide a short-term solution, allowing borrowers to access funds quickly and bridge the gap between the sale of their current home and the purchase of a new one. Cressey, California, with a population of around 500 residents, is a small agricultural community located in Merced County. The town boasts a diverse demographic, with a mix of families, young professionals, and retirees calling it home. With a close-knit community and a low crime rate, Cressey offers a safe and peaceful environment for residents. The housing market in Cressey presents a range of opportunities for both buyers and sellers. The median home price is affordable compared to nearby cities, making it an attractive option for first-time homebuyers and investors. With steady appreciation rates and a stable market, Cressey offers potential for future growth and investment. While Cressey may be a small town, it has a lot to offer in terms of attractions. The nearby Merced River provides opportunities for fishing, kayaking, and picnicking, making it a popular spot for outdoor enthusiasts. In addition, residents can enjoy local wineries, farmer's markets, and community events that showcase the town's rich agricultural heritage.
Benefits of Bridge Loans in Cressey, California
