Get Approved at The Lowest Rate
Navigating the process of buying a new home in North Palm Springs, 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 North Palm Springs, CA or getting it ready for the market.
Identify the new home you want to buy in North Palm Springs, 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 North Palm Springs, 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 North Palm Springs, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in North Palm Springs, 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 North Palm Springs, 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 North Palm Springs, 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 North Palm Springs, 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 North Palm Springs, 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 North Palm Springs offer unique advantages to homeowners. These short-term loans provide quick access to funds, allowing borrowers to purchase a new home before selling their existing one. This can be particularly beneficial in competitive real estate markets where timing is crucial. The demographics of North Palm Springs reflect a diverse community. With a mix of residents from different age groups and backgrounds, the area provides a vibrant and inclusive living environment. The population continues to grow steadily, attracting new residents seeking a blend of urban amenities and natural beauty. The housing market in North Palm Springs presents opportunities for both buyers and sellers. The area showcases a range of properties, from stylish condos to spacious single-family homes. With steady appreciation rates and a strong demand for housing, investing in North Palm Springs real estate can be a sound financial decision. North Palm Springs boasts a variety of main attractions that appeal to residents and visitors alike. From picturesque hiking trails in the San Bernardino National Forest to the lively nightlife and dining scene in downtown Palm Springs, the area offers a diverse array of entertainment options for all interests.
Benefits of Bridge Loans in North Palm Springs, California
