Get Approved at The Lowest Rate
Navigating the process of buying a new home in Granite Bay, 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 Granite Bay, CA or getting it ready for the market.
Identify the new home you want to buy in Granite Bay, 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 Granite Bay, 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 Granite Bay, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Granite Bay, 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 Granite Bay, 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 Granite Bay, 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 Granite Bay, 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 Granite Bay, 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!
Benefits of Bridge Loans Bridge loans offer homeowners the flexibility to purchase a new home before selling their current one. They provide quick access to funds, eliminate the need for a contingent offer, and allow for smoother transitions between properties. Demographics Granite Bay, California, is an affluent suburb located in Placer County with a population of approximately 23,000 residents. The area boasts a high median household income, excellent schools, and a strong sense of community. Housing Market The housing market in Granite Bay is competitive with a mix of luxury estates, single-family homes, and gated communities. Property values have been steadily increasing over the years, making it a desirable location for homebuyers and investors alike. Main Attractions Granite Bay offers a range of outdoor recreational activities, including hiking and biking trails, water sports on Folsom Lake, and golfing at prestigious courses like Granite Bay Golf Club. The area also features upscale shopping centers, dining establishments, and parks for residents to enjoy.
Bridge Loans in Granite Bay, California
