Get Approved at The Lowest Rate
Navigating the process of buying a new home in Drytown, 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 Drytown, CA or getting it ready for the market.
Identify the new home you want to buy in Drytown, 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 Drytown, 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 Drytown, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Drytown, 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 Drytown, 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 Drytown, 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 Drytown, 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 Drytown, 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 offer quick access to funds for purchasing a new home before selling your current one, enabling seamless transactions. In Drytown, California, this is especially beneficial due to the competitive real estate market where timing is crucial. Demographics in Drytown include a diverse community with a mix of young families and retirees. The area's population has been steadily growing, attracting individuals seeking a peaceful lifestyle in a historic setting. The housing market in Drytown is characterized by a mix of historic homes and new developments. Bridge loans can help buyers secure properties in sought-after neighborhoods and take advantage of favorable interest rates without the need for immediate liquid funds. Main attractions in Drytown include its rich Gold Rush history, with visitors drawn to historic sites like the Kennedy Mine and unique shops along Main Street. The area's natural beauty, including nearby wineries and outdoor recreational opportunities, makes it a desirable place to live and explore.
Benefits of Bridge Loans in Drytown, California
