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Navigating the process of buying a new home in Indio, 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 Indio, CA or getting it ready for the market.
Identify the new home you want to buy in Indio, 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 Indio, 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 Indio, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Indio, 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 Indio, 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 Indio, 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 Indio, 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 Indio, 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 a convenient short-term financing solution for individuals looking to buy a new home before selling their existing one. In Indio, California, these loans provide flexibility and speed in real estate transactions, allowing buyers to seize opportunities without being held back by the sale of their current property. Demographics in Indio show a diverse community with a population that has been steadily growing. The city attracts a mix of young professionals, families, and retirees drawn to its sunny weather, vibrant culture, and affordable cost of living. This demographic diversity contributes to a dynamic local economy and a strong sense of community. The housing market in Indio is marked by a steady demand for residential properties, driven in part by the city's popularity as a tourist destination and a sought-after place to live. Property values have been consistently appreciating, making it an attractive location for real estate investments. Bridge loans play a crucial role in helping buyers secure properties in this competitive market. Indio boasts a range of main attractions, including the annual Coachella Valley Music and Arts Festival, which draws music enthusiasts from around the world. The city is also known for its golf courses, outdoor recreational opportunities, and cultural events that celebrate its rich history and diverse heritage. With its vibrant lifestyle offerings, Indio offers residents and visitors a unique and thriving place to call home.
Benefits of Bridge Loans in Indio, California
