Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mountain Center, 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 Mountain Center, CA or getting it ready for the market.
Identify the new home you want to buy in Mountain Center, 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 Mountain Center, 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 Mountain Center, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mountain Center, 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 Mountain Center, 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 Mountain Center, 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 Mountain Center, 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 Mountain Center, 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 Mountain Center, California offer a unique solution for homeowners looking to purchase a new home before selling their current one. These loans provide temporary financing that bridges the gap between the sale of your existing home and the purchase of a new one. Demographically, Mountain Center is a small, picturesque community located in the San Bernardino National Forest. It is a rural area with a population of approximately 200 residents, known for its tranquility and natural beauty that attracts outdoor enthusiasts and nature lovers. In terms of the housing market, Mountain Center offers a mix of rustic cabins, modern homes, and luxury estates, with a median home price of around $400,000. The market is competitive with a low inventory of homes, making bridge loans an attractive option for buyers wanting to secure their next home quickly. Main attractions in Mountain Center include the iconic Idyllwild Arts Academy, which hosts various cultural events, galleries, and performances. Outdoor enthusiasts can enjoy hiking, mountain biking, and rock climbing in the nearby San Jacinto Mountains.
Benefits of Bridge Loans in Mountain Center, California
