Get Approved at The Lowest Rate
Navigating the process of buying a new home in Madera, 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 Madera, CA or getting it ready for the market.
Identify the new home you want to buy in Madera, 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 Madera, 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 Madera, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Madera, 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 Madera, 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 Madera, 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 Madera, 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 Madera, 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!
1. Flexibility: Bridge loans offer flexibility, allowing homeowners to access funds quickly to secure a new home before selling their current one. 2. Seamless Transactions: They help bridge the gap between the purchase of a new home and the sale of the old one, ensuring a smooth transition without the need for a contingency offer. 3. Competitive Interest Rates: Bridge loans in Madera, California often come with competitive interest rates, making them a cost-effective financing option for homeowners. Demographics: Madera, California, is a diverse community with a population of over 65,000 residents. The city has a mix of cultures, with a significant Hispanic and Native American population. Housing Market: The housing market in Madera offers a range of options, from historic homes in quaint neighborhoods to modern developments with amenities. The median home price is affordable, making it an attractive location for families and first-time buyers. Main Attractions: Madera is known for its beautiful parks, such as Lions Town & Country Park and Courthouse Park. The city also boasts wineries and vineyards, offering residents and visitors a taste of California's wine country.
Benefits of Bridge Loans in Madera, California
