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Navigating the process of buying a new home in Los Olivos, 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 Los Olivos, CA or getting it ready for the market.
Identify the new home you want to buy in Los Olivos, 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 Los Olivos, 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 Los Olivos, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Los Olivos, 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 Los Olivos, 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 Los Olivos, 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 Los Olivos, 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 Los Olivos, 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 Los Olivos can provide immediate funds to bridge the gap between buying a new property and selling an existing one. This type of loan offers flexibility and allows homeowners to move quickly without being burdened by the pressure of selling before buying. Los Olivos, a charming town in California, boasts a population of around 1,100 residents. The area is predominantly rural and offers a peaceful and close-knit community environment. Residents enjoy a high quality of life with access to top-rated schools and a range of outdoor recreational activities. The housing market in Los Olivos is stable, with a mix of historic homes and modern properties. The median home value is around $800,000, making it an attractive location for potential buyers. The market offers diverse options, from cozy cottages to sprawling estates, catering to a variety of preferences. Some of the main attractions in Los Olivos include its picturesque vineyards and wineries, which make it a popular destination for wine enthusiasts. Additionally, visitors can explore the town's boutique shops, art galleries, and quaint cafes, creating a vibrant and bustling atmosphere.
The Benefits of Bridge Loans in Los Olivos, California
