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Navigating the process of buying a new home in Meridian, 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 Meridian, CA or getting it ready for the market.
Identify the new home you want to buy in Meridian, 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 Meridian, 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 Meridian, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Meridian, 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 Meridian, 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 Meridian, 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 Meridian, 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 Meridian, 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 offer flexibility to homeowners in Meridian, California, allowing them to purchase a new home before selling their current one. This ensures a smooth transition, avoiding the need to rush the sale. Additionally, bridge loans provide quick access to funds, enabling buyers to act fast in the competitive real estate market. Demographics Meridian, California, a charming town with a population of approximately 8,000 residents, offers a close-knit community feel. The area is characterized by a mix of young families and retirees, creating a diverse and vibrant neighborhood. Residents enjoy a high quality of life with access to top-rated schools and various amenities. Housing Market The housing market in Meridian, California, is thriving, with a steady increase in property values. Bridge loans play a crucial role in this market, providing opportunities for both buyers and sellers to make seamless transactions. The availability of bridge loans has contributed to the overall growth and stability of the real estate market in the area. Main Attractions Meridian, California, boasts scenic parks, beautiful hiking trails, and a vibrant downtown area lined with shops and restaurants. Residents and visitors alike can enjoy outdoor activities such as kayaking on the nearby river or exploring the local vineyards. The town's rich history and cultural events add to its appeal as a desirable place to live.
Benefits of Bridge Loans in Meridian, California
