Get Approved at The Lowest Rate
Navigating the process of buying a new home in Palo Verde, 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 Palo Verde, CA or getting it ready for the market.
Identify the new home you want to buy in Palo Verde, 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 Palo Verde, 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 Palo Verde, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Palo Verde, 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 Palo Verde, 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 Palo Verde, 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 Palo Verde, 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 Palo Verde, 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 Palo Verde, California offer borrowers flexibility and quick access to funds for purchasing a new home before selling their existing one. This type of financing is advantageous as it allows homeowners to make competitive offers and avoid contingencies, ultimately expediting the buying process. Demographics: Palo Verde, California, is a diverse community with a mix of residents spanning different age groups and backgrounds. The population encompasses families, professionals, and retirees, creating a vibrant and inclusive neighborhood. Housing Market: The housing market in Palo Verde is dynamic, with a range of property options available from modern condominiums to spacious single-family homes. The area experiences steady appreciation in real estate values, making it an attractive investment opportunity for buyers and sellers alike. Main Attractions: Palo Verde boasts stunning natural landscapes, including parks, hiking trails, and recreational facilities. Residents can enjoy outdoor activities such as biking, picnicking, and boating, while also indulging in local cuisine at charming eateries and cafes.
The Benefits of Bridge Loans in Palo Verde, California
