Get Approved at The Lowest Rate
Navigating the process of buying a new home in Millbrae, 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 Millbrae, CA or getting it ready for the market.
Identify the new home you want to buy in Millbrae, 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 Millbrae, 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 Millbrae, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Millbrae, 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 Millbrae, 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 Millbrae, 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 Millbrae, 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 Millbrae, 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 Millbrae, California provide invaluable assistance to individuals and families looking to bridge the gap between the sale of their current home and the purchase of a new one. These loans offer flexibility and quick access to funds, allowing borrowers to secure their dream home without the stress of selling their existing property first. Millbrae, California, is a vibrant city with a diverse population. The demographics show a mix of young professionals, families, and retirees, creating a dynamic community with access to excellent schools and services. The housing market in Millbrae is robust, with a range of options from single-family homes to luxury condos. The demand for housing in this desirable location ensures that property values remain stable, making it an attractive investment for both current residents and newcomers. Some of the main attractions in Millbrae include the picturesque Central Park, the Millbrae Art & Wine Festival, and easy access to outdoor activities such as hiking and biking in the nearby hills. The city's proximity to San Francisco and Silicon Valley adds to its appeal, making it a sought-after location for both work and leisure.
Benefits of Bridge Loans in Millbrae, California
