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Navigating the process of buying a new home in Miramonte, 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 Miramonte, CA or getting it ready for the market.
Identify the new home you want to buy in Miramonte, 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 Miramonte, 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 Miramonte, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Miramonte, 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 Miramonte, 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 Miramonte, 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 Miramonte, 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 Miramonte, 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 Miramonte, California offer a unique opportunity for homeowners to bridge the gap between the purchase of a new home and the sale of their current property. This can help facilitate a smoother transition, avoid contingencies, and secure the desired new property without having to wait for the sale of the old one. Demographics in Miramonte, California reveal a diverse community with a mix of families, young professionals, and retirees. The town boasts a median household income above the national average and has a well-educated population. The area is known for its friendly neighborhoods and strong sense of community. The housing market in Miramonte, California is robust with a healthy balance of supply and demand. The market offers a variety of housing options, from single-family homes to luxury estates. The median home prices have been steadily appreciating, making it an attractive location for both buyers and investors. Main attractions in Miramonte, California include the picturesque Miramonte Reservoir, popular for fishing and boating activities. The town also features charming local shops, gourmet restaurants, and outdoor recreational opportunities in the nearby national parks and forests.
Benefits of Bridge Loans in Miramonte, California
