Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rancho Cordova, 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 Rancho Cordova, CA or getting it ready for the market.
Identify the new home you want to buy in Rancho Cordova, 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 Rancho Cordova, 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 Rancho Cordova, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rancho Cordova, 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 Rancho Cordova, 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 Rancho Cordova, 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 Rancho Cordova, 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 Rancho Cordova, 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 Rancho Cordova offer homeowners the flexibility to purchase a new home before selling their current one. This allows for smooth transitions without the stress of timing constraints. Demographically, Rancho Cordova is a diverse community with a mix of families, young professionals, and retirees. The population enjoys a comfortable lifestyle with access to various amenities and services. The housing market in Rancho Cordova is stable with a good balance of supply and demand. This provides opportunities for both buyers and sellers, making it an attractive location for real estate investment. Rancho Cordova boasts several main attractions, including the American River Parkway, Folsom Lake, and the Mather Field Aerospace Museum. These recreational spots offer residents and visitors a chance to enjoy the outdoors and learn about local history and aviation.
Benefits of Bridge Loans in Rancho Cordova, California
