Get Approved at The Lowest Rate
Navigating the process of buying a new home in Parker Dam, 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 Parker Dam, CA or getting it ready for the market.
Identify the new home you want to buy in Parker Dam, 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 Parker Dam, 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 Parker Dam, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Parker Dam, 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 Parker Dam, 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 Parker Dam, 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 Parker Dam, 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 Parker Dam, 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 Parker Dam, California offer borrowers the flexibility to secure funding quickly in a competitive real estate market. These short-term loans can be beneficial for those looking to purchase a new home before selling their existing one, providing the necessary finances for a smooth transition. Demographically, Parker Dam boasts a small but tight-knit community, with a population that values the tranquil lakeside lifestyle. The area attracts residents seeking a serene environment with access to outdoor recreational activities like boating, fishing, and hiking. In terms of the housing market, Parker Dam offers diverse opportunities for both buyers and sellers. The market showcases a range of property types, from cozy cabins to modern waterfront homes, catering to various preferences and budgets. Main attractions in Parker Dam include the scenic Parker Dam itself, a key water source for Southern California, and the nearby Havasu National Wildlife Refuge, ideal for nature enthusiasts. Visitors can also explore the stunning beauty of the Parker Strip along the Colorado River.
Benefits of Bridge Loans in Parker Dam, California
