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Navigating the process of buying a new home in Pittsburg, 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 Pittsburg, CA or getting it ready for the market.
Identify the new home you want to buy in Pittsburg, 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 Pittsburg, 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 Pittsburg, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pittsburg, 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 Pittsburg, 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 Pittsburg, 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 Pittsburg, 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 Pittsburg, 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 Pittsburg, California offer a crucial financial solution for homebuyers looking to transition smoothly between the sale of their existing home and the purchase of a new one. These short-term loans provide immediate funds for down payments, allowing buyers to secure their dream home without being contingent on selling their current property. Pittsburg, California, a diverse and vibrant community, boasts a population of approximately 72,000 residents. With a median household income of $67,535, Pittsburg offers a mix of urban and suburban living, making it an attractive location for families and professionals alike. The housing market in Pittsburg, California, is robust, featuring a variety of housing options ranging from single-family homes to modern condominiums. The median home value in Pittsburg is $491,800, with a steady appreciation rate, making it an ideal market for real estate investment and homeownership. Some of the main attractions in Pittsburg include the scenic Marina Bay Trail, Black Diamond Mines Regional Preserve offering hiking and historic tours, and the Pittsburg Delta View Golf Course for golf enthusiasts. Additionally, the city hosts various cultural events, farmer's markets, and local dining options that cater to a diverse community.
Benefits of Bridge Loans in Pittsburg, California