Get Approved at The Lowest Rate
Navigating the process of buying a new home in King City, 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 King City, CA or getting it ready for the market.
Identify the new home you want to buy in King City, 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 King City, 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 King City, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in King City, 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 King City, 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 King City, 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 King City, 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 King City, 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 several advantages for homeowners in King City. One of the key benefits is the ability to access quick financing to bridge the gap between the purchase of a new home and the sale of an existing one. This can help avoid missing out on a dream home or facing the stress of carrying two mortgages simultaneously. Demographically, King City is a diverse community located in Monterey County, California. With a population of approximately 15,000 residents, the city offers a mix of urban and rural living experiences. The area is known for its rich cultural heritage and strong sense of community. In terms of the housing market, King City has seen steady growth in property values in recent years. The median home price is around $400,000, making it an attractive market for both buyers and sellers. The availability of bridge loans can further stimulate the real estate market by facilitating smoother transactions and increasing accessibility to homeownership. King City boasts several main attractions, including the Salinas River, San Lorenzo County Park, and the Monterey County Agricultural and Rural Life Museum. These attractions offer residents and visitors opportunities for outdoor recreation, cultural enrichment, and historical exploration.
The Benefits of Bridge Loans in King City, California
