Get Approved at The Lowest Rate
Navigating the process of buying a new home in Diamond Springs, 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 Diamond Springs, CA or getting it ready for the market.
Identify the new home you want to buy in Diamond Springs, 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 Diamond Springs, 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 Diamond Springs, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Diamond Springs, 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 Diamond Springs, 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 Diamond Springs, 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 Diamond Springs, 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 Diamond Springs, 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 Diamond Springs, California, provide a valuable solution for homeowners looking to purchase a new home before selling their existing property. These loans offer quick funding, allowing individuals to secure their new home without the stress of waiting for their current property to sell. Diamond Springs, California, boasts a diverse demographic makeup with a mix of families, professionals, and retirees. The community values outdoor activities, with a strong focus on hiking, biking, and enjoying the natural beauty of the region. The housing market in Diamond Springs is competitive, with a range of properties available to suit various budgets and preferences. The market has seen steady growth in home prices, making it an attractive option for real estate investors and homeowners looking to build equity.
Benefits of Bridge Loans in Diamond Springs, California
