Get Approved at The Lowest Rate
Navigating the process of buying a new home in Manteca, 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 Manteca, CA or getting it ready for the market.
Identify the new home you want to buy in Manteca, 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 Manteca, 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 Manteca, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Manteca, 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 Manteca, 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 Manteca, 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 Manteca, 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 Manteca, 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!
Benefits of Bridge Loans: Bridge loans in Manteca, California offer a flexible financing option for homebuyers. They provide short-term funding to bridge the gap between the purchase of a new home and the sale of the current one. This enables buyers to secure their new property quickly without being contingent on selling their old home. Demographics: Manteca, California, is a diverse city with a population of approximately 83,000 residents. The community is made up of various ethnicities, including Hispanic, Caucasian, and Asian residents. The median age of Manteca residents is around 35 years old, making it a vibrant and youthful city. Housing Market: The housing market in Manteca is booming, with a variety of homes available to suit different budgets and preferences. The median home value is around $400,000, making it an affordable option for many homebuyers. Bridge loans provide a convenient way for buyers to access funds quickly to secure their dream home in this competitive market. Main Attractions: Manteca boasts several attractions, including the beautiful Woodward Reservoir for outdoor enthusiasts, the Manteca Historical Museum for history buffs, and the Big League Dreams sports complex for sports lovers. The city also has a vibrant dining scene and is known for its family-friendly community events throughout the year.
Bridge Loans in Manteca, California
