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Navigating the process of buying a new home in Farmersville, 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 Farmersville, CA or getting it ready for the market.
Identify the new home you want to buy in Farmersville, 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 Farmersville, 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 Farmersville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Farmersville, 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 Farmersville, 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 Farmersville, 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 Farmersville, 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 Farmersville, 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 provide immediate access to funds for homeowners in Farmersville, California to purchase a new home before selling their current one. This allows for a smooth transition without the need to wait for a sale, avoiding timing issues and potential financial strain. Demographically, Farmersville is a diverse community with a population of approximately 11,500 residents. The town boasts a strong sense of community and a range of amenities, making it an attractive place to live for families, young professionals, and retirees alike. The housing market in Farmersville, California offers a mix of affordable single-family homes and modern apartments. With a growing demand for housing in the area, property values are stable, making it a favorable location for real estate investments. Main attractions in Farmersville include the Farmersville Memorial Park, offering recreational facilities and green spaces for outdoor activities. Additionally, the nearby Sierra Nevada Mountains provide opportunities for hiking, camping, and exploring nature, making it a desirable location for outdoor enthusiasts.
The Benefits of Bridge Loans in Farmersville, California
