Get Approved at The Lowest Rate
Navigating the process of buying a new home in El Sobrante, 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 El Sobrante, CA or getting it ready for the market.
Identify the new home you want to buy in El Sobrante, 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 El Sobrante, 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 El Sobrante, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in El Sobrante, 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 El Sobrante, 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 El Sobrante, 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 El Sobrante, 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 El Sobrante, 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 El Sobrante, California offer numerous benefits for homebuyers and sellers. They provide short-term financing to bridge the gap between the purchase of a new home and the sale of the current one, allowing for a smoother transition without the need for a contingency offer. Demographically, El Sobrante is a diverse community with a population that includes a mix of families, young professionals, and retirees. The area is known for its welcoming atmosphere, strong sense of community, and easy access to major cities like San Francisco and Oakland. The housing market in El Sobrante is vibrant, with a range of housing options available to suit different needs and budgets. Home prices have been steadily increasing in recent years, making it a promising investment opportunity for buyers and sellers alike. Some of the main attractions in El Sobrante include the scenic San Pablo Dam Reservoir, perfect for outdoor activities like hiking and fishing. The vibrant local dining scene offers a variety of cuisines to explore, and the nearby Tilden Regional Park is a popular destination for nature lovers.
The Benefits of Bridge Loans in El Sobrante, California
