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Navigating the process of buying a new home in Hayward, 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 Hayward, CA or getting it ready for the market.
Identify the new home you want to buy in Hayward, 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 Hayward, 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 Hayward, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hayward, 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 Hayward, 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 Hayward, 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 Hayward, 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 Hayward, 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 Hayward, California offer immediate financial relief to bridge the gap between the purchase of a new property and the sale of an existing one. They provide flexibility and quick access to cash, enabling homeowners to secure their dream home without waiting for their current property to sell. Hayward, California, with a population of approximately 160,000, boasts a diverse community. The city enjoys a mild Mediterranean climate, making it an attractive place to live. The demographics include a mix of young professionals, families, and retirees, contributing to a vibrant and inclusive community. The housing market in Hayward is dynamic, with a mix of housing options ranging from single-family homes to modern apartments. The city has seen steady growth in property values, making it an ideal location for real estate investment. Bridge loans can be a useful tool in navigating the competitive housing market in Hayward. Main attractions in Hayward include the Hayward Japanese Gardens, a serene retreat in the heart of the city, and the Hayward Shoreline Interpretive Center, offering stunning views of the San Francisco Bay. The city also hosts various cultural events, farmers markets, and outdoor recreational activities, making it a desirable place to live and work.
Benefits of Bridge Loans in Hayward, California
