Get Approved at The Lowest Rate
Navigating the process of buying a new home in Los Osos, 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 Osos, CA or getting it ready for the market.
Identify the new home you want to buy in Los Osos, 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 Osos, 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 Osos, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Los Osos, 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 Osos, 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 Osos, 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 Osos, 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 Osos, 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 Los Osos provide the flexibility to bridge the financial gap between the purchase of a new property and the sale of an existing one. This enables homeowners to secure a new home without having to wait for their current property to sell. Demographics: Los Osos, located in San Luis Obispo County, California, has a population of around 14,000 residents. The area boasts a mix of age groups, with a median age of 48 years. The community is known for its scenic beauty and tranquil lifestyle. Housing Market: The housing market in Los Osos offers a diverse range of properties, from charming beachside cottages to spacious family homes. With a relatively stable market, property values have shown a steady appreciation over the years, making it an attractive location for both homeowners and investors. Main Attractions: Los Osos is home to the stunning Montana de Oro State Park, offering miles of picturesque coastline, hiking trails, and wildlife viewing opportunities. The town also features local art galleries, boutique shops, and dining options showcasing fresh seafood and local produce.
Benefits of Bridge Loans in Los Osos, California
