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Navigating the process of buying a new home in Princeton, 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 Princeton, CA or getting it ready for the market.
Identify the new home you want to buy in Princeton, 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 Princeton, 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 Princeton, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Princeton, 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 Princeton, 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 Princeton, 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 Princeton, 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 Princeton, 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 Princeton, California offer a flexible financing option for those looking to buy a new home before selling their current one. They provide quick access to funds, allowing for a seamless transition without the need for contingencies. Princeton, California, with a population of around 7,000 residents, boasts a diverse community with a mix of young professionals, families, and retirees. The area is known for its excellent school system, making it an attractive location for families. The housing market in Princeton, California, is robust, with a median home value of $750,000. The market offers a variety of housing options, from single-family homes to luxury estates, catering to different lifestyle preferences. Some main attractions in Princeton, California, include the picturesque Princeton Harbor, renowned for its fresh seafood restaurants and stunning coastal views. The area also offers hiking trails, parks, and cultural events, providing residents with a vibrant lifestyle.
Benefits of Bridge Loans in Princeton, California
