Get Approved at The Lowest Rate
Navigating the process of buying a new home in Moraga, 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 Moraga, CA or getting it ready for the market.
Identify the new home you want to buy in Moraga, 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 Moraga, 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 Moraga, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Moraga, 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 Moraga, 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 Moraga, 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 Moraga, 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 Moraga, 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 Moraga, California offer a short-term financing solution for homeowners who are looking to purchase a new property before selling their existing one. These loans provide the flexibility to secure the new home without waiting for the sale of the current property, avoiding the hassle of timing constraints. Demographically, Moraga is a picturesque town located in the San Francisco Bay Area, known for its affluent community and top-rated schools. With a population that values education, the town offers a highly competitive academic environment, making it an ideal place for families looking for quality education for their children. In terms of the housing market, Moraga has seen steady growth in property values over the years, making it a lucrative investment opportunity for homeowners. The demand for housing remains strong, driven by its desirable location, excellent amenities, and low crime rates, attracting both local and out-of-town buyers. Main attractions in Moraga include the stunning Moraga Commons Park, a popular recreational spot for residents offering picnic areas, sports facilities, and walking trails. Additionally, the town is home to the Moraga Art Gallery, showcasing local artists and cultural events, adding to the vibrant community spirit of this charming town.
Benefits of Bridge Loans in Moraga, California
