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Navigating the process of buying a new home in Pilot Hill, 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 Pilot Hill, CA or getting it ready for the market.
Identify the new home you want to buy in Pilot Hill, 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 Pilot Hill, 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 Pilot Hill, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pilot Hill, 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 Pilot Hill, 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 Pilot Hill, 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 Pilot Hill, 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 Pilot Hill, 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 offer quick financing solutions for homeowners in Pilot Hill, California, bridging the gap between the purchase of a new home and the sale of an existing one. This type of loan provides flexibility, allowing individuals to make competitive offers on new properties while waiting for their current homes to sell. Demographics: Pilot Hill, California, is a small town located in El Dorado County. The population is diverse, with a mix of families, retirees, and young professionals. The community has a strong sense of unity and support, making it an attractive place to live. Housing Market: The housing market in Pilot Hill is thriving, with a mix of new developments and established homes. Bridge loans can help homeowners take advantage of the competitive market by providing the necessary funds to secure their dream homes before selling their current properties. Main Attractions: Pilot Hill offers beautiful natural landscapes, including the Cronan Ranch Regional Trails Park, perfect for outdoor enthusiasts. The town also has a rich history, with landmarks like the Pilot Hill General Store that provide a glimpse into the area's past.
Benefits of Bridge Loans in Pilot Hill, California
