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Navigating the process of buying a new home in Rutherford, 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 Rutherford, CA or getting it ready for the market.
Identify the new home you want to buy in Rutherford, 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 Rutherford, 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 Rutherford, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rutherford, 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 Rutherford, 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 Rutherford, 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 Rutherford, 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 Rutherford, 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!
Benefits of Bridge Loans: Bridge loans in Rutherford, California provide a valuable financial tool for individuals looking to purchase a new property while awaiting the sale of their current home. This type of loan bridges the gap between the purchase of a new property and the sale of the existing one, offering short-term financing solutions with flexible repayment options. Demographics: Rutherford, California is a charming small town located in Napa County. With a population of approximately 500 residents, it offers a tight-knit community feel. The town attracts a mix of young professionals, families, and retirees, creating a diverse and vibrant atmosphere. Housing Market: The housing market in Rutherford, California is characterized by a mix of historic homes and newer developments. The median home price is above the national average, reflecting the desirability of the area. Bridge loans can assist buyers in securing properties in this competitive market while facilitating a seamless transition between homes. Main Attractions: Rutherford, California is renowned for its scenic vineyards and wineries, making it a popular destination for wine enthusiasts. Additionally, the town offers picturesque parks, hiking trails, and local boutiques, providing residents with a plethora of leisure activities to enjoy.
Bridge Loans in Rutherford, California
