Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lucerne, 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 Lucerne, CA or getting it ready for the market.
Identify the new home you want to buy in Lucerne, 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 Lucerne, 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 Lucerne, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lucerne, 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 Lucerne, 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 Lucerne, 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 Lucerne, 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 Lucerne, 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 provide a flexible financing option for homeowners in Lucerne, California, allowing them to bridge the gap between the purchase of a new home and the sale of their current one. This enables individuals to secure their dream home without being constrained by the timing of selling their existing property. Demographics: Lucerne, California, a charming town in Lake County, has a population of around 3,000 residents. The community is diverse, with a mix of families, retirees, and young professionals. The town offers a close-knit and welcoming environment for residents. Housing Market: Lucerne's housing market is characterized by a range of properties, from cozy cottages to spacious lakefront homes. The median home value in Lucerne is affordable compared to other parts of California, making it an attractive option for buyers seeking a peaceful lakeside retreat. Main Attractions: Lucerne boasts picturesque views of Clear Lake, California's largest freshwater lake. Residents and visitors can enjoy water activities like boating, fishing, and swimming. The town is also in proximity to vineyards, hiking trails, and quaint restaurants, offering a blend of outdoor recreation and small-town charm.
Benefits of Bridge Loans in Lucerne, California
