Get Approved at The Lowest Rate
Navigating the process of buying a new home in Hemet, 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 Hemet, CA or getting it ready for the market.
Identify the new home you want to buy in Hemet, 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 Hemet, 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 Hemet, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hemet, 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 Hemet, 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 Hemet, 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 Hemet, 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 Hemet, 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 Hemet, California offer quick access to funds for property purchases before the sale of an existing property. These short-term loans provide financial flexibility, enabling buyers to secure new homes without waiting to sell their current ones. Demographics in Hemet show a diverse community with a mix of families, retirees, and young professionals. The city has a rich cultural diversity, with a growing population that values the sense of community and the Southern California lifestyle. The housing market in Hemet is vibrant, with a range of property options catering to various budgets and preferences. Home prices are competitive, making it an attractive location for first-time buyers and investors looking for opportunities in a developing real estate market. Main attractions in Hemet include the Ramona Bowl Amphitheatre, known for its unique outdoor theater productions. Visitors can also enjoy outdoor activities in the nearby San Jacinto Mountains and explore the city's historical downtown district with its charming shops and eateries.
Benefits of Bridge Loans in Hemet, California
