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Navigating the process of buying a new home in Mountain Pass, 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 Pass, CA or getting it ready for the market.
Identify the new home you want to buy in Mountain Pass, 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 Pass, 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 Pass, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mountain Pass, 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 Pass, 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 Pass, 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 Pass, 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 Pass, 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 Pass, California offer quick access to funds for homebuyers looking to make a new purchase before selling their current home. These short-term loans bridge the gap between the purchase of a new home and the sale of the existing one, providing flexibility and financial support during the transition period. Demographically, Mountain Pass, California, is a small but vibrant community with a population that values a close-knit neighborhood feel. The town is known for its diverse population, including young families, retirees, and professionals, making it an inclusive and welcoming place to live. In terms of the housing market, Mountain Pass offers a range of property options, from cozy single-family homes to spacious estates, catering to various preferences and budgets. The market is stable with steady appreciation rates, making it an attractive location for both first-time buyers and seasoned investors. Some main attractions in Mountain Pass include the picturesque Mountain Pass Park, ideal for outdoor activities and family picnics. The town also boasts charming local eateries, boutique shops, and regular community events that bring residents together, fostering a strong sense of community spirit and belonging.
Benefits of Bridge Loans in Mountain Pass, California
