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Navigating the process of buying a new home in Dodgertown, 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 Dodgertown, CA or getting it ready for the market.
Identify the new home you want to buy in Dodgertown, 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 Dodgertown, 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 Dodgertown, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dodgertown, 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 Dodgertown, 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 Dodgertown, 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 Dodgertown, 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 Dodgertown, 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 Dodgertown, California offer a convenient financing solution for homebuyers looking to purchase a new home before selling their existing one. These loans provide flexibility and bridge the gap between the sale of the current property and the purchase of a new one, preventing the need for a contingent offer. Dodgertown, California, boasts a diverse population with a mix of young families and professionals. The area's demographics reflect a vibrant community, with a median household income above the national average. The town is known for its strong sense of community and excellent schools, making it an attractive location for families. The housing market in Dodgertown is dynamic, with a steady demand for homes in the area. Bridge loans can help buyers take advantage of this competitive market by providing quick access to funds for a down payment. With rising property values and limited inventory, bridge loans can give buyers a competitive edge when making offers. Additionally, Dodgertown offers a range of attractions, including beautiful parks, recreational facilities, and cultural events. The town's close proximity to major cities like Los Angeles also provides residents with easy access to urban amenities while enjoying a more relaxed suburban lifestyle.
Benefits of Bridge Loans in Dodgertown, California