Get Approved at The Lowest Rate
Navigating the process of buying a new home in La Honda, 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 La Honda, CA or getting it ready for the market.
Identify the new home you want to buy in La Honda, 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 La Honda, 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 La Honda, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in La Honda, 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 La Honda, 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 La Honda, 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 La Honda, 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 La Honda, 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 La Honda, California offer a convenient financing solution for individuals looking to purchase a new home before selling their existing one. These loans provide temporary funding to bridge the gap between the sale of their current property and the purchase of a new one, allowing homeowners to secure their new home without waiting for their old property to sell. La Honda, California, is a picturesque community located in San Mateo County. With a population of around 1,000 residents, La Honda offers a tranquil setting surrounded by redwood forests and scenic landscapes. The town has a close-knit community feel, making it an ideal place for families and nature enthusiasts. The housing market in La Honda features a mix of charming single-family homes, rustic cabins, and spacious estates. Due to its proximity to Silicon Valley and the Bay Area, the real estate market in La Honda is competitive, with home values on the rise. Bridge loans provide homebuyers with the flexibility to make competitive offers and secure their dream home in this desirable location. La Honda is known for its proximity to attractions such as the picturesque La Honda Creek Open Space Preserve, where residents can enjoy hiking, biking, and wildlife viewing. The town is also close to the beautiful beaches of the California coastline, as well as popular destinations like Pescadero Creek County Park and Butano State Park.
Benefits of Bridge Loans in La Honda, California
