Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Bruno, 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 San Bruno, CA or getting it ready for the market.
Identify the new home you want to buy in San Bruno, 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 San Bruno, 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 San Bruno, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Bruno, 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 San Bruno, 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 San Bruno, 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 San Bruno, 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 San Bruno, 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 San Bruno, California offer numerous benefits for individuals seeking short-term financing for real estate transactions. One of the key advantages is the quick access to funds, which allows buyers to secure a new property before selling their current one. This can prevent missed opportunities and help avoid temporary housing arrangements. Demographically, San Bruno is a diverse and vibrant city located in the San Francisco Bay Area. With a population of over 40,000 residents, the city offers a mix of suburban charm and urban amenities. The median household income is above the national average, making it an attractive location for homebuyers and investors. The housing market in San Bruno is competitive, with a steady demand for properties due to its proximity to Silicon Valley and major tech companies. Bridge loans can provide buyers with a competitive edge by allowing them to make quick cash offers and secure properties in a timely manner. This can be especially beneficial in a fast-moving market like San Bruno. Some main attractions in San Bruno include the beautiful Junipero Serra County Park, offering hiking trails and scenic views of the bay. The city is also home to The Shops at Tanforan, a popular retail destination with a variety of stores and restaurants. Additionally, San Bruno is known for its excellent public schools and family-friendly community events.
Benefits of Bridge Loans in San Bruno, California
