Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rohnert Park, 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 Rohnert Park, CA or getting it ready for the market.
Identify the new home you want to buy in Rohnert Park, 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 Rohnert Park, 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 Rohnert Park, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rohnert Park, 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 Rohnert Park, 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 Rohnert Park, 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 Rohnert Park, 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 Rohnert Park, 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 Rohnert Park offer numerous benefits to homeowners. They provide a quick financing solution for those looking to purchase a new home before selling their current one. This allows individuals to secure their dream home without having to wait for their existing property to sell, avoiding the risk of losing out on the desired property. Rohnert Park, situated in Sonoma County, California, has a diverse population of approximately 42,000 residents. The city boasts a mix of families, young professionals, and retirees, creating a vibrant community atmosphere. The median household income is around $72,000, with the majority of residents holding college degrees. The housing market in Rohnert Park is competitive yet promising. With the median home value around $600,000, the market has shown steady appreciation over the years. Bridge loans can be especially advantageous in such a market, allowing buyers to act quickly and secure a property in a competitive environment. Rohnert Park offers a range of attractions, including the popular Foxtail Golf Club and the Sonoma State University campus. The city is also known for its parks and recreational areas, providing residents with ample opportunities for outdoor activities. Additionally, Rohnert Park's proximity to Sonoma County's renowned wineries adds to its appeal as a desirable place to live.
Benefits of Bridge Loans in Rohnert Park, California
