Get Approved at The Lowest Rate
Navigating the process of buying a new home in Five Points, 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 Five Points, CA or getting it ready for the market.
Identify the new home you want to buy in Five Points, 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 Five Points, 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 Five Points, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Five Points, 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 Five Points, 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 Five Points, 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 Five Points, 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 Five Points, 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 Five Points, California offer significant advantages to individuals seeking temporary financing during real estate transactions. These loans provide fast access to funds, enabling buyers to secure new properties before selling their existing ones. The demographics of Five Points, California, reveal a diverse population with a mix of young professionals, families, and retirees. The community boasts a strong sense of belonging and a welcoming atmosphere, making it an attractive location for individuals of various backgrounds. The housing market in Five Points is thriving, with a range of properties available to cater to different preferences and budgets. From cozy apartments to spacious single-family homes, the real estate market offers ample opportunities for buyers and investors alike. Five Points, California, is home to several main attractions that appeal to residents and visitors alike. The nearby parks, shopping centers, and cultural venues provide ample entertainment options for individuals of all ages, making it a vibrant and dynamic place to live.
Benefits of Bridge Loans in Five Points, California
