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Navigating the process of buying a new home in Ryde, 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 Ryde, CA or getting it ready for the market.
Identify the new home you want to buy in Ryde, 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 Ryde, 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 Ryde, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ryde, 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 Ryde, 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 Ryde, 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 Ryde, 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 Ryde, 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 Ryde, California can be highly beneficial for individuals looking to purchase a new home before selling their existing one. This type of loan provides the necessary funds to bridge the gap between the sale of the current property and the purchase of a new one, preventing delays and allowing for a smoother transition. Ryde, California, located in the beautiful Sacramento County, offers a diverse demographic mix. With a population that includes professionals, families, and retirees, the community is known for its welcoming and inclusive atmosphere, making it an ideal place to settle down. The housing market in Ryde, California, is thriving, offering a range of housing options from quaint suburban homes to luxury waterfront properties. The area has seen steady appreciation in property values, making it a sound investment for those looking to buy real estate or secure a bridge loan. Some main attractions in Ryde, California, include the picturesque Delta Loop, a scenic drive along the Sacramento River with charming shops and restaurants, perfect for a leisurely day out. Outdoor enthusiasts can also enjoy fishing, boating, and hiking in the nearby Delta region, making Ryde a paradise for nature lovers.
Benefits of Bridge Loans in Ryde, California
