Get Approved at The Lowest Rate
Navigating the process of buying a new home in Kenwood, 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 Kenwood, CA or getting it ready for the market.
Identify the new home you want to buy in Kenwood, 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 Kenwood, 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 Kenwood, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kenwood, 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 Kenwood, 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 Kenwood, 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 Kenwood, 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 Kenwood, 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 in Kenwood, California offer immediate financial assistance when purchasing a new home before selling an existing one. This helps avoid the need for a contingency offer, giving buyers a competitive edge in the market. Additionally, bridge loans provide flexibility with repayment terms, making them a convenient option for homeowners in transition. Demographics: Kenwood, California, boasts a diverse population with a mix of young families and retirees. The community values outdoor activities, fine dining, and a close-knit neighborhood feel. The median household income is above the national average, reflecting a prosperous local economy. Housing Market: The housing market in Kenwood, California, is characterized by a mix of traditional single-family homes and luxury estates surrounded by picturesque vineyards and rolling hills. Despite being a competitive market, there are opportunities for buyers with the assistance of bridge loans to secure their dream home quickly. Main Attractions: Kenwood is renowned for its wineries and vineyards, offering wine enthusiasts a paradise to explore. Outdoor lovers can enjoy hiking and biking trails in the nearby Sugarloaf Ridge State Park. The area's charming boutique shops and gourmet restaurants add to its allure, making it a desirable place to live and visit.
Benefits of Bridge Loans in Kenwood, California
