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Navigating the process of buying a new home in Port Hueneme Cbc Base, 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 Port Hueneme Cbc Base, CA or getting it ready for the market.
Identify the new home you want to buy in Port Hueneme Cbc Base, 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 Port Hueneme Cbc Base, 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 Port Hueneme Cbc Base, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Port Hueneme Cbc Base, 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 Port Hueneme Cbc Base, 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 Port Hueneme Cbc Base, 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 Port Hueneme Cbc Base, 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 Port Hueneme Cbc Base, 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 Port Hueneme Cbc Base offer a convenient financing option for homebuyers. These short-term loans help bridge the gap between the purchase of a new home and the sale of an existing one, providing liquidity when needed. Demographically, Port Hueneme Cbc Base is a diverse community with a mix of military personnel, veterans, and civilians. The area has a strong sense of community and a range of amenities to cater to residents of all ages. The housing market in Port Hueneme Cbc Base is competitive, with a steady demand for homes due to its proximity to the beach and major employment centers. Bridge loans can give buyers a competitive edge by enabling them to move quickly on desirable properties. Main attractions in Port Hueneme Cbc Base include the scenic Channel Islands Harbor, ideal for boating and water activities, as well as the Port Hueneme Pier for fishing enthusiasts. The area also boasts a variety of restaurants, shops, and parks for residents to enjoy.
Benefits of Bridge Loans in Port Hueneme Cbc Base, California