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Navigating the process of buying a new home in Mecca, 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 Mecca, CA or getting it ready for the market.
Identify the new home you want to buy in Mecca, 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 Mecca, 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 Mecca, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mecca, 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 Mecca, 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 Mecca, 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 Mecca, 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 Mecca, 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 provide a convenient financing option for homebuyers in Mecca, California, allowing them to bridge the gap between the purchase of a new home and the sale of their existing one. This can help avoid timing constraints and ensure a smooth transition. Demographics Mecca, California, is a diverse community with a mix of Hispanic, Arab, and African American residents. The population is predominantly young, with a growing number of families and young professionals attracted to the area's affordable housing options. Housing Market The housing market in Mecca offers a range of opportunities for both buyers and sellers. With a median home price below the state average, Mecca presents an affordable option for those looking to invest in real estate or find their dream home in a vibrant community. Main Attractions Mecca is known for its cultural diversity, agricultural heritage, and proximity to popular attractions like the Salton Sea and Joshua Tree National Park. Residents and visitors can enjoy hiking, birdwatching, and exploring the unique landscapes that surround the area.
Bridge Loans in Mecca, California
