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Navigating the process of buying a new home in Crest Park, 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 Crest Park, CA or getting it ready for the market.
Identify the new home you want to buy in Crest Park, 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 Crest Park, 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 Crest Park, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Crest Park, 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 Crest Park, 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 Crest Park, 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 Crest Park, 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 Crest Park, 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 Benefits: Bridge loans in Crest Park, California offer quick financing solutions, allowing homeowners to bridge the gap between purchasing a new home and selling their current one. These loans provide flexibility and convenience, ensuring a smoother transition without the need for a contingency offer. Demographics: Crest Park, California, is a picturesque community located in the San Bernardino Mountains. With a population of around 1,500 residents, the area is known for its diverse population, including young families, retirees, and professionals seeking a peaceful mountain lifestyle. Housing Market: The housing market in Crest Park is vibrant, offering a mix of traditional mountain cabins and modern homes with stunning views. The market is competitive, with median home prices steadily increasing, making it an attractive investment opportunity for potential buyers. Main Attractions: Crest Park boasts a range of outdoor activities, including hiking trails, fishing spots, and access to Lake Gregory for water sports. The area is also home to charming shops, restaurants, and community events, making it a desirable location for both residents and visitors.
The Benefits of Bridge Loans in Crest Park, California