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Navigating the process of buying a new home in Pala, 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 Pala, CA or getting it ready for the market.
Identify the new home you want to buy in Pala, 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 Pala, 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 Pala, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pala, 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 Pala, 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 Pala, 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 Pala, 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 Pala, 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 Pala, California offer numerous advantages for homeowners. These short-term loans provide quick access to funds allowing homeowners to bridge the gap between selling their current home and purchasing a new one. This is particularly beneficial in competitive markets where quick transactions are essential. Pala, California, has a diverse demographic profile with a mix of families, young professionals, and retirees. The community is known for its rich cultural heritage, vibrant arts scene, and close-knit neighborhoods. Residents enjoy a high quality of life with access to top-rated schools and healthcare facilities. The housing market in Pala, California, is dynamic and attractive for both buyers and sellers. With steady appreciation rates, strong demand, and a range of housing options, the market offers opportunities for investment and growth. Bridge loans can help buyers secure their dream home and sellers capitalize on the competitive market conditions. Pala, California, boasts a variety of main attractions that draw visitors and residents alike. From the iconic Pala Mission to the picturesque Palomar Mountain State Park, there are plenty of opportunities for outdoor recreation, cultural enrichment, and entertainment. With its unique blend of history and natural beauty, Pala offers something for everyone.
Benefits of Bridge Loans in Pala, California
