Get Approved at The Lowest Rate
Navigating the process of buying a new home in Porterville, 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 Porterville, CA or getting it ready for the market.
Identify the new home you want to buy in Porterville, 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 Porterville, 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 Porterville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Porterville, 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 Porterville, 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 Porterville, 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 Porterville, 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 Porterville, 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 Porterville, California offer a quick financing solution to bridge the gap between the purchase of a new property and the sale of an existing one. They provide flexibility and speed in real estate transactions, allowing homeowners to seize opportunities without waiting for their current property to sell. Demographics: Porterville, California, has a diverse population with a mix of young professionals, families, and retirees. The city boasts a rich cultural heritage, with a strong sense of community and a range of amenities that cater to residents of all ages. Housing Market: Porterville's housing market is vibrant, with a mix of housing options ranging from historic homes to modern developments. The city offers a range of price points, making it an attractive location for first-time buyers and investors alike. Main Attractions: Porterville is home to beautiful parks, such as Veterans Park and Zalud Park, offering outdoor recreational activities. Additionally, the city's proximity to Sierra Nevada mountains provides opportunities for hiking, camping, and other outdoor adventures.
Benefits of Bridge Loans in Porterville, California
