Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rancho Santa Fe, 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 Santa Fe, CA or getting it ready for the market.
Identify the new home you want to buy in Rancho Santa Fe, 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 Santa Fe, 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 Santa Fe, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rancho Santa Fe, 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 Santa Fe, 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 Santa Fe, 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 Santa Fe, 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 Santa Fe, 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!
A bridge loan in Rancho Santa Fe can provide quick financing solutions for homeowners looking to purchase a new property before selling their existing one. This allows for a smooth transition without the stress of timing constraints. Rancho Santa Fe, located in San Diego County, boasts a high-income demographic with a median household income well above the national average. The area is known for its luxury real estate market and upscale amenities. The housing market in Rancho Santa Fe offers a mix of sprawling estates, country clubs, and exclusive gated communities. It has a reputation for stable property values and a strong demand for high-end homes, making it an attractive investment opportunity for buyers. Main attractions in Rancho Santa Fe include the prestigious Rancho Santa Fe Golf Club, the historic village center with upscale shopping and dining options, and the beautiful Roger Rowe School renowned for its academic excellence.
Benefits of Bridge Loans in Rancho Santa Fe, California
