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Navigating the process of buying a new home in Lemoore, 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 Lemoore, CA or getting it ready for the market.
Identify the new home you want to buy in Lemoore, 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 Lemoore, 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 Lemoore, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lemoore, 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 Lemoore, 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 Lemoore, 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 Lemoore, 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 Lemoore, 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 Lemoore, California offer numerous benefits for homebuyers and sellers. They provide a short-term financing option that allows individuals to buy a new home before selling their current one. This flexibility helps avoid the stress of timing the sale and purchase perfectly. Additionally, bridge loans can be used to finance renovations or upgrades on the new property, increasing its value. Demographics: Lemoore, California, has a diverse population with a mix of families, young professionals, and military personnel from the nearby Naval Air Station Lemoore. The city has a strong sense of community and offers various amenities such as parks, schools, and shopping centers, making it an attractive place to live. Housing Market: The housing market in Lemoore is vibrant with a range of single-family homes, townhouses, and apartments available. The median home price is competitive, making it affordable for first-time buyers and those looking to upgrade. With the assistance of bridge loans, individuals can take advantage of the market's opportunities without waiting for their current property to sell. Main Attractions: Lemoore boasts attractions like the Tachi Palace Hotel & Casino, which offers entertainment, dining, and accommodation options. Additionally, the nearby Lemoore Golf Course provides recreational opportunities for golf enthusiasts. The city's proximity to outdoor destinations like Sequoia National Park adds to its appeal for nature lovers.
Benefits of Bridge Loans in Lemoore, California
