Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ivanhoe, 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 Ivanhoe, CA or getting it ready for the market.
Identify the new home you want to buy in Ivanhoe, 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 Ivanhoe, 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 Ivanhoe, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ivanhoe, 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 Ivanhoe, 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 Ivanhoe, 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 Ivanhoe, 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 Ivanhoe, 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 provide a valuable financing option for those looking to buy a new home before selling their current one. In the case of Ivanhoe, California, where the housing market is competitive, bridge loans offer buyers the flexibility to secure a new property quickly, giving them a competitive edge over other potential buyers. Demographics: Ivanhoe, California, boasts a diverse population with a mix of families, retirees, and young professionals. The community is known for its strong sense of belonging and support, making it an ideal place for individuals looking for a close-knit neighborhood. Housing Market: The housing market in Ivanhoe is dynamic, with a range of property types available, from cozy single-family homes to modern condominiums. The median home price is competitive, making it an attractive location for first-time homebuyers and investors alike. Main Attractions: Ivanhoe offers a variety of attractions, including beautiful parks, scenic walking trails, and local eateries serving delicious cuisine. Residents can enjoy a relaxed lifestyle while still being in close proximity to major cities like Fresno and Visalia.
Benefits of Bridge Loans in Ivanhoe, California
