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Navigating the process of buying a new home in Pleasant Grove, 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 Pleasant Grove, CA or getting it ready for the market.
Identify the new home you want to buy in Pleasant Grove, 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 Pleasant Grove, 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 Pleasant Grove, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pleasant Grove, 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 Pleasant Grove, 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 Pleasant Grove, 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 Pleasant Grove, 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 Pleasant Grove, 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 in Pleasant Grove, California offer a quick financing solution for homeowners looking to bridge the gap between the purchase of a new home and the sale of their existing one. These short-term loans provide flexibility and speed, allowing individuals to secure their new property without having to wait for their old one to sell. Demographics: Pleasant Grove, California, is a vibrant community with a diverse population. The area attracts young professionals, families, and retirees alike. The community prides itself on its strong sense of unity and inclusivity, making it an excellent place to live for individuals from all walks of life. Housing Market: The housing market in Pleasant Grove is experiencing steady growth, with a variety of housing options available to cater to different needs and budgets. The real estate market is competitive, with properties often selling quickly. Bridge loans can provide an advantage to buyers in this fast-paced market. Main Attractions: Pleasant Grove boasts a range of attractions, including beautiful parks, recreational facilities, and cultural venues. Residents can enjoy outdoor activities, local events, and a thriving food scene. The community's rich history and natural beauty make it a desirable place to call home.
Bridge Loans in Pleasant Grove, California
