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Navigating the process of buying a new home in Milford, 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 Milford, CA or getting it ready for the market.
Identify the new home you want to buy in Milford, 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 Milford, 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 Milford, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Milford, 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 Milford, 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 Milford, 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 Milford, 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 Milford, 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 offer short-term financing solutions for homeowners, allowing them to bridge the gap between the purchase of a new property and the sale of their existing one. This flexibility enables smoother transitions without the need to rush the sale of their current home. Demographics: Milford, California, is a charming town with a population that embraces diversity. The community is made up of families, young professionals, and retirees, creating a vibrant and inclusive atmosphere for residents. Housing Market: The housing market in Milford is stable, with a mix of traditional single-family homes and modern condominiums. Property values have been steadily appreciating, making it an attractive location for both investors and homeowners looking to settle in a thriving community. Main Attractions: From the picturesque Milford Gardens to the breathtaking views of the nearby Sierra Nevada mountains, Milford offers a range of outdoor attractions for nature enthusiasts. The town also boasts a vibrant arts and cultural scene, with galleries and local theaters showcasing the talent of the community.
Exploring Bridge Loans in Milford, California
