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Navigating the process of buying a new home in Huron, 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 Huron, CA or getting it ready for the market.
Identify the new home you want to buy in Huron, 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 Huron, 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 Huron, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Huron, 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 Huron, 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 Huron, 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 Huron, 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 Huron, 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!
Benefits of Bridge Loans: Bridge loans provide quick financing solutions, allowing individuals to bridge the gap between the purchase of a new property and the sale of an existing one. In Huron, California, these loans can be particularly helpful due to the competitive housing market, offering buyers a competitive edge. Demographics: Huron, California, has a diverse population with a mix of cultures and backgrounds. The town is known for its strong sense of community and welcoming atmosphere. The population consists of both working professionals and families, contributing to a vibrant and dynamic local culture. Housing Market: The housing market in Huron, California, has been experiencing steady growth in recent years. The demand for housing is high, making it an opportune time for real estate investments. Bridge loans can facilitate quick property acquisitions, enabling buyers to capitalize on the market trends. Main Attractions: Huron, California, boasts several main attractions such as beautiful parks, historical sites, and cultural events. The town's proximity to nature reserves and outdoor recreational areas makes it an ideal location for nature enthusiasts and those seeking a peaceful lifestyle.
Bridge Loans in Huron, California