Get Approved at The Lowest Rate
Navigating the process of buying a new home in Petaluma, 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 Petaluma, CA or getting it ready for the market.
Identify the new home you want to buy in Petaluma, 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 Petaluma, 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 Petaluma, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Petaluma, 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 Petaluma, 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 Petaluma, 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 Petaluma, 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 Petaluma, 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 of Bridge Loans: Bridge loans offer quick financing solutions for those looking to purchase a new home before selling their current one, providing flexibility and convenience during the transition. Demographics: Petaluma, California, is a vibrant city with a diverse population, including young professionals, families, and retirees. The city has a strong sense of community and offers a high quality of life. Housing Market: The Petaluma housing market is competitive yet offers a variety of housing options ranging from historic homes in the downtown area to modern developments in surrounding neighborhoods, making it an attractive location for homebuyers. Main Attractions: Petaluma is known for its charming downtown area, scenic riverfront, and numerous parks and outdoor recreational activities. The city also hosts various cultural events, farmers markets, and festivals throughout the year, providing residents with plenty of entertainment options.
Bridge Loans in Petaluma, California
