Get Approved at The Lowest Rate
Navigating the process of buying a new home in Philo, 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 Philo, CA or getting it ready for the market.
Identify the new home you want to buy in Philo, 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 Philo, 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 Philo, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Philo, 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 Philo, 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 Philo, 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 Philo, 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 Philo, 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 Philo, California offer numerous benefits to homeowners and investors. They provide quick access to funds for purchasing a new property before selling the existing one, helping to avoid missed opportunities in the competitive real estate market. With flexible terms and quick approval processes, bridge loans offer a convenient solution for financing real estate transactions. Demographics: Philo, California, is a small town with a diverse population. The community is known for its welcoming atmosphere and close-knit feel. Residents range from young families to retirees, creating a vibrant and inclusive environment. The town's demographics reflect a mix of cultures and backgrounds, contributing to its unique charm. Housing Market: The housing market in Philo, California, is dynamic and offers a variety of properties to suit different needs and preferences. From cozy cottages to spacious estates, there is something for everyone in this picturesque town. Bridge loans can help individuals navigate the competitive market and secure their dream home without delays. Main Attractions: Philo, California, boasts numerous attractions for residents and visitors alike. From artisanal wineries to scenic hiking trails, the town offers a blend of outdoor activities and cultural experiences. Residents can enjoy the beauty of Anderson Valley and explore local vineyards, creating a vibrant and fulfilling lifestyle in Philo.
Benefits of Bridge Loans in Philo, California
