Get Approved at The Lowest Rate
Navigating the process of buying a new home in Nuevo, 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 Nuevo, CA or getting it ready for the market.
Identify the new home you want to buy in Nuevo, 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 Nuevo, 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 Nuevo, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Nuevo, 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 Nuevo, 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 Nuevo, 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 Nuevo, 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 Nuevo, 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!
Benefits: Bridge loans provide quick access to funds for purchasing a new property before selling an existing one. They offer short-term financing solutions with flexible terms and competitive interest rates. Bridge loans can help avoid missed opportunities in the real estate market and simplify the buying process. Demographics: Nuevo, California, has a diverse population with a mix of families, professionals, and retirees. The area boasts a growing economy with opportunities in various industries, attracting residents from different backgrounds. Residents enjoy a strong sense of community and access to quality schools and healthcare facilities. Housing Market: The housing market in Nuevo offers a range of properties, from single-family homes to luxury estates. Home prices have been steadily increasing, making it an attractive investment opportunity for buyers. With low inventory levels and high demand, the market is competitive, making bridge loans a valuable financing option. Main Attractions: Nuevo, California, is known for its scenic landscapes, including parks and nature reserves. The town hosts cultural events, farmers markets, and outdoor activities for residents and visitors to enjoy. Main attractions in the area include historical sites, local vineyards, and recreational facilities.
Benefits of Bridge Loans in Nuevo, California
