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Navigating the process of buying a new home in Honeydew, 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 Honeydew, CA or getting it ready for the market.
Identify the new home you want to buy in Honeydew, 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 Honeydew, 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 Honeydew, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Honeydew, 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 Honeydew, 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 Honeydew, 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 Honeydew, 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 Honeydew, 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 Honeydew, California offer various advantages to homebuyers, including providing quick financing solutions, enabling seamless transition between homes, and allowing the purchase of a new property before selling the existing one. Honeydew, California, is a charming rural community with a population that enjoys a laid-back lifestyle amidst picturesque surroundings. The area boasts a diverse population, with a mix of families, retirees, and nature enthusiasts contributing to a vibrant community spirit. The housing market in Honeydew, California, is dynamic, with a range of property options available to cater to different preferences and budgets. Bridge loans provide a valuable tool for buyers looking to take advantage of the current market conditions and secure their dream home in this desirable location. Some of the main attractions in Honeydew, California, include its scenic natural beauty, outdoor recreational opportunities, and proximity to attractions like state parks, hiking trails, and cultural landmarks. With a bridge loan, homebuyers can explore and invest in this unique community with ease.
Benefits of Bridge Loans in Honeydew, California