Get Approved at The Lowest Rate
Navigating the process of buying a new home in Daggett, 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 Daggett, CA or getting it ready for the market.
Identify the new home you want to buy in Daggett, 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 Daggett, 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 Daggett, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Daggett, 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 Daggett, 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 Daggett, 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 Daggett, 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 Daggett, 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 Daggett, California offer a valuable solution for homebuyers who need to secure financing quickly. These short-term loans provide the flexibility to buy a new property before selling an existing one, helping to avoid contingencies in real estate transactions and ensuring a smooth transition between homes. Demographically, Daggett is a small town in the Mojave Desert with a population of approximately 200 people. The area is known for its close-knit community and peaceful surroundings, making it an ideal location for those seeking a quiet and serene lifestyle away from the hustle and bustle of city living. In terms of the housing market, Daggett offers diverse options ranging from historic adobe homes to modern properties. With the median home price around $250,000, the market is relatively affordable, attracting both first-time buyers and seasoned investors looking to capitalize on the town's growing popularity. Main attractions in Daggett include the iconic Route 66, which runs through the town, offering opportunities for road trips and exploring historical landmarks. Additionally, outdoor enthusiasts can enjoy hiking in the nearby Mojave National Preserve or visiting the Calico Ghost Town, providing a glimpse into the area's rich mining history.
Benefits of Bridge Loans in Daggett, California
