Get Approved at The Lowest Rate
Navigating the process of buying a new home in Fairfax, 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 Fairfax, CA or getting it ready for the market.
Identify the new home you want to buy in Fairfax, 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 Fairfax, 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 Fairfax, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fairfax, 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 Fairfax, 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 Fairfax, 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 Fairfax, 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 Fairfax, 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 Fairfax, California offer a convenient solution for homebuyers looking to transition smoothly from their current home to a new property. With these short-term loans, buyers can secure financing for a new home before selling their existing one, eliminating the need for contingent offers. Demographically, Fairfax is a vibrant community in Marin County, with a population of around 7,500 residents. Known for its picturesque surroundings, the town attracts a mix of young professionals, families, and retirees who appreciate its outdoor recreational activities and close-knit community feel. In terms of the housing market, Fairfax offers a diverse range of properties, from cozy single-family homes to spacious estates. The market is competitive, with a median home value of around $1.2 million. Bridge loans can provide buyers with the flexibility and financial edge needed to navigate this dynamic market. Main attractions in Fairfax include the scenic Cascade Canyon Open Space Preserve, the vibrant farmers' market, and the quaint downtown area with its unique shops and restaurants. Residents and visitors alike enjoy the town's cultural events, outdoor concerts, and easy access to hiking and biking trails.
Benefits of Bridge Loans in Fairfax, California
