Get Approved at The Lowest Rate
Navigating the process of buying a new home in Esparto, 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 Esparto, CA or getting it ready for the market.
Identify the new home you want to buy in Esparto, 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 Esparto, 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 Esparto, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Esparto, 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 Esparto, 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 Esparto, 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 Esparto, 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 Esparto, 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 significant benefits for residents in Esparto, California. These short-term loans provide quick access to funds for purchasing a new home before selling an existing property. This can help individuals avoid the stress of a contingent offer and secure their dream home. Demographically, Esparto has a population of around 3,500 people, with a median household income of $60,000. The town boasts a diverse community with a mix of families, young professionals, and retirees. The cost of living is lower compared to nearby cities, making it an attractive option for those looking to invest in real estate. The housing market in Esparto is currently experiencing steady growth, with a median home price of $350,000. The market is competitive, with limited inventory driving up prices. Bridge loans can give buyers a competitive edge by allowing them to make non-contingent offers, increasing their chances of securing a property in this competitive market. Some of the main attractions in Esparto include the famous Capay Valley, known for its scenic beauty and outdoor recreational activities. Residents can also enjoy the local farmers' markets, wineries, and community events that showcase the town's rich agricultural heritage.
Benefits of Bridge Loans in Esparto, California
