Get Approved at The Lowest Rate
Navigating the process of buying a new home in Dos Palos, 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 Dos Palos, CA or getting it ready for the market.
Identify the new home you want to buy in Dos Palos, 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 Dos Palos, 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 Dos Palos, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dos Palos, 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 Dos Palos, 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 Dos Palos, 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 Dos Palos, 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 Dos Palos, 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 offer quick funding to bridge the gap between the purchase of a new property and the sale of the current one. This flexibility can be crucial in competitive real estate markets, allowing homeowners to secure their dream home without delays. Demographics: Dos Palos, California, is a diverse community with a mix of young families, professionals, and retirees. The population enjoys a small-town feel with access to urban amenities in nearby cities like Merced. Housing Market: Dos Palos' housing market is a blend of traditional single-family homes and newer developments. The market is stable, with moderate appreciation rates, making it an attractive option for both homebuyers and investors. Main Attractions: Dos Palos offers a range of outdoor activities, including parks, hiking, and fishing at the San Luis Reservoir. The community also hosts annual events like the Dos Palos Rodeo, showcasing its western heritage.
Benefits of Bridge Loans in Dos Palos, California
