Get Approved at The Lowest Rate
Navigating the process of buying a new home in Homewood, 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 Homewood, CA or getting it ready for the market.
Identify the new home you want to buy in Homewood, 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 Homewood, 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 Homewood, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Homewood, 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 Homewood, 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 Homewood, 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 Homewood, 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 Homewood, 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 offer various benefits to residents of Homewood, California. These short-term loans provide financial flexibility to individuals who are looking to purchase a new home before selling their existing one. They help bridge the financial gap by providing funds for a down payment or closing costs, enabling homeowners to secure the new property quickly. Homewood, California, is a picturesque community with a diverse demographic profile. The town boasts a mix of young families, professionals, and retirees, creating a vibrant and welcoming atmosphere. With a strong sense of community and an abundance of recreational activities, Homewood is an ideal place to raise a family or enjoy a peaceful retirement. The housing market in Homewood, California, is dynamic and competitive. The town offers a range of housing options, from cozy cottages to luxury estates, catering to various preferences and budgets. With low inventory and high demand, property values in Homewood have been steadily increasing, making it a lucrative market for both buyers and sellers. Homewood, California, is home to several main attractions that attract visitors from near and far. The town is famous for its stunning natural beauty, with picturesque lakes, hiking trails, and ski resorts offering year-round recreational opportunities. Additionally, Homewood features charming shops, restaurants, and cultural venues that showcase the town's unique character and charm.
Bridge Loans in Homewood, California
