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Navigating the process of buying a new home in Joshua Tree, 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 Joshua Tree, CA or getting it ready for the market.
Identify the new home you want to buy in Joshua Tree, 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 Joshua Tree, 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 Joshua Tree, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Joshua Tree, 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 Joshua Tree, 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 Joshua Tree, 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 Joshua Tree, 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 Joshua Tree, 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!
A bridge loan in Joshua Tree provides homeowners with a short-term financing option to cover the gap between the purchase of a new home and the sale of their existing one. This enables swift transactions, preventing missed opportunities and reducing the stress associated with owning two properties simultaneously. Demographically, Joshua Tree boasts a diverse population mix, including artists, retirees, and outdoor enthusiasts. The town's unique blend of residents creates a vibrant community where creativity and nature appreciation flourish. In terms of the housing market, Joshua Tree has seen a steady rise in property values in recent years, making it an attractive location for real estate investment. Bridge loans offer homeowners the flexibility to capitalize on this market growth by providing quick access to funds for purchasing new properties. Main attractions in Joshua Tree include the renowned Joshua Tree National Park, famous for its otherworldly rock formations and stunning desert landscapes. The area also offers a thriving arts scene, with numerous galleries and venues showcasing local talent.
The Benefits of Bridge Loans in Joshua Tree, California
