Get Approved at The Lowest Rate
Navigating the process of buying a new home in Inyokern, 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 Inyokern, CA or getting it ready for the market.
Identify the new home you want to buy in Inyokern, 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 Inyokern, 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 Inyokern, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Inyokern, 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 Inyokern, 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 Inyokern, 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 Inyokern, 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 Inyokern, 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 flexible solution for homebuyers in Inyokern, California. These short-term loans help bridge the gap between the purchase of a new home and the sale of an existing one. They provide quick access to funds, enabling buyers to make competitive offers and secure their dream home. Demographics in Inyokern depict a small, close-knit community. With a population of approximately 1200 residents, this rural town boasts a diverse population. The median age is 41 years, reflecting a mix of families, professionals, and retirees. The housing market in Inyokern offers a range of opportunities. The median home price is $180,000, making it an affordable option for buyers. With a stable market and moderate appreciation rates, investing in real estate in Inyokern is a wise choice for both homeowners and investors. Inyokern is situated in a picturesque location, surrounded by stunning natural beauty. The nearby Red Rock Canyon State Park and Kern River offer outdoor enthusiasts plenty of recreational activities. Additionally, the Naval Air Weapons Station China Lake provides a unique glimpse into the area's military history.
The Benefits of Bridge Loans in Inyokern, California