Get Approved at The Lowest Rate
Navigating the process of buying a new home in Fairfield, 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 Fairfield, CA or getting it ready for the market.
Identify the new home you want to buy in Fairfield, 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 Fairfield, 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 Fairfield, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fairfield, 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 Fairfield, 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 Fairfield, 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 Fairfield, 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 Fairfield, 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 Fairfield offer flexibility to homebuyers by providing short-term financing to bridge the gap between the purchase of a new home and the sale of an existing one. This allows buyers to move quickly and secure their dream home without being contingent on selling their current property. Demographics in Fairfield, California, show a diverse community with a growing population and a median age of around 34 years old. The city has a mix of urban and suburban neighborhoods, attracting families, young professionals, and retirees alike. The housing market in Fairfield is competitive, with a variety of housing options ranging from single-family homes to townhouses and apartments. The median home price is around $450,000, making it an attractive location for first-time buyers and investors looking for potential appreciation. Main attractions in Fairfield include the Jelly Belly Factory, offering tours and tastings, and the Anheuser-Busch Brewery, known for its iconic Clydesdale horses. Residents and visitors can also enjoy the scenic beauty of Suisun Valley with its wineries and outdoor activities.
Benefits of Bridge Loans in Fairfield, California
