Get Approved at The Lowest Rate
Navigating the process of buying a new home in Hinkley, 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 Hinkley, CA or getting it ready for the market.
Identify the new home you want to buy in Hinkley, 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 Hinkley, 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 Hinkley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hinkley, 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 Hinkley, 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 Hinkley, 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 Hinkley, 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 Hinkley, 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 Hinkley offer the advantage of providing short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. This helps in securing the new property quickly without having to wait for the sale of the current one. Demographics in Hinkley show a small community with a population of approximately 2,000 residents. The town has a close-knit feel and a strong sense of community, making it an ideal place for families and those seeking a peaceful lifestyle. The housing market in Hinkley is characterized by affordable property prices compared to nearby areas. Bridge loans can help buyers take advantage of these opportunities by providing temporary funds to facilitate a smooth transition between homes. Main attractions in Hinkley include the beautiful Mojave Desert scenery, perfect for outdoor enthusiasts. The nearby Calico Ghost Town offers a glimpse into the area's mining history, while the El Mirage Dry Lake bed is a popular spot for recreational activities.
Benefits of Bridge Loans in Hinkley, California
