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Navigating the process of buying a new home in Martell, 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 Martell, CA or getting it ready for the market.
Identify the new home you want to buy in Martell, 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 Martell, 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 Martell, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Martell, 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 Martell, 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 Martell, 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 Martell, 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 Martell, 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 Martell, California offer a convenient financing option for homebuyers looking to purchase a new home before selling their existing one. This helps in avoiding the stress of coordinating timelines and allows for a seamless transition between properties. Demographically, Martell is a diverse community with a mix of families, retirees, and young professionals. The town enjoys a mild climate year-round, making it an attractive place for individuals seeking a relaxed lifestyle in a picturesque setting. The housing market in Martell is competitive yet stable, with a steady increase in property values over the past few years. Bridge loans provide buyers with the flexibility to act quickly in this market, giving them a competitive edge over other potential buyers. Main attractions in Martell include the charming Main Street lined with local shops and eateries, as well as proximity to outdoor recreational areas like parks and hiking trails. The town's community events and festivals further add to its vibrant and welcoming atmosphere.
Benefits of Bridge Loans in Martell, California
