Get Approved at The Lowest Rate
Navigating the process of buying a new home in Desert Center, 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 Desert Center, CA or getting it ready for the market.
Identify the new home you want to buy in Desert Center, 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 Desert Center, 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 Desert Center, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Desert Center, 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 Desert Center, 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 Desert Center, 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 Desert Center, 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 Desert Center, 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 Desert Center, California offer short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. They provide quick access to funds, allowing buyers to secure their new home without having to wait for their current property to sell. Demographically, Desert Center is a small community in Riverside County with a population of approximately 150 residents. The area is known for its picturesque desert landscapes, ideal for outdoor enthusiasts and nature lovers. In terms of the housing market, Desert Center offers a mix of affordable and luxury properties. The market is relatively stable, with a steady demand for homes due to the area's tranquil environment and proximity to natural attractions like Joshua Tree National Park. Some main attractions in Desert Center include the Dos Palmas Preserve, a popular spot for hiking and bird watching, as well as the nearby Salton Sea, a haven for water sports enthusiasts. Additionally, the area boasts a rich history, with attractions like the Bradshaw Trail offering insight into the region's past.
Benefits of Bridge Loans in Desert Center, California
