Get Approved at The Lowest Rate
Navigating the process of buying a new home in Eldridge, 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 Eldridge, CA or getting it ready for the market.
Identify the new home you want to buy in Eldridge, 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 Eldridge, 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 Eldridge, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Eldridge, 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 Eldridge, 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 Eldridge, 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 Eldridge, 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 Eldridge, 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 Eldridge, California offer a flexible financing option for residents looking to purchase a new home before selling their existing one. These short-term loans help bridge the gap between the sale of the current property and the purchase of a new one, providing financial flexibility and allowing homeowners to secure their dream home without delays. The demographics of Eldridge, California, show a diverse community with a mix of families, young professionals, and retirees. The area boasts a thriving local economy, with opportunities in industries like technology, healthcare, and tourism. With a strong sense of community and access to quality schools, Eldridge is an attractive location for families and individuals looking to settle in a welcoming environment. The housing market in Eldridge, California, is dynamic and competitive, with a range of properties available to suit different preferences and budgets. The area has seen steady appreciation in home values, making it a sound investment for buyers. With the help of bridge loans, residents can take advantage of the market conditions and secure their desired property quickly and efficiently. Some of the main attractions in Eldridge, California, include scenic parks, local wineries, and cultural landmarks. Residents can enjoy outdoor activities like hiking and biking in the surrounding natural beauty, or explore the vibrant arts and culinary scenes in the town center. With a rich history and a welcoming community, Eldridge offers a high quality of life for its residents.
Benefits of Bridge Loans in Eldridge, California
