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Navigating the process of buying a new home in Rodeo, 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 Rodeo, CA or getting it ready for the market.
Identify the new home you want to buy in Rodeo, 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 Rodeo, 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 Rodeo, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rodeo, 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 Rodeo, 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 Rodeo, 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 Rodeo, 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 Rodeo, 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: Bridge loans in Rodeo, California offer homeowners the flexibility to purchase a new home before selling their existing one. This financial solution eliminates the need for contingent offers and allows for a smoother transition between homes. Demographics: Rodeo, California, is a diverse community with a population of around 9,670 residents. The median age is 39 years old, and the median household income is $92,000. The town has a mix of various ethnicities and a strong sense of community. Housing Market: Rodeo's housing market is competitive, with a median home price of $530,000. The market has been steadily increasing, making it an attractive investment opportunity. Bridge loans can help buyers secure their dream home in this thriving market. Main Attractions: Rodeo offers a range of attractions, including the nearby Carquinez Strait Regional Shoreline, which provides opportunities for outdoor activities like hiking and picnicking. The town also features local parks, shops, and restaurants that cater to residents of all ages.
Benefits of Bridge Loans in Rodeo, California
