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Navigating the process of buying a new home in San Jacinto, 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 Jacinto, CA or getting it ready for the market.
Identify the new home you want to buy in San Jacinto, 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 Jacinto, 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 Jacinto, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Jacinto, 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 Jacinto, 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 Jacinto, 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 Jacinto, 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 Jacinto, 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 Jacinto, California offer numerous benefits to homebuyers, providing short-term financing solutions that bridge the gap between buying a new home and selling an existing one. These loans are especially beneficial for those looking to avoid contingencies and secure a new property quickly. Demographically, San Jacinto is a diverse city in Riverside County, with a population that is predominantly Hispanic and White. The median household income is around the national average, making it an attractive location for those seeking affordable housing options and a lower cost of living. In terms of the housing market, San Jacinto offers a mix of single-family homes and condominiums, catering to a range of budgets and preferences. The market has been experiencing steady growth in recent years, with an increase in property values and a demand for housing, making it a promising investment for buyers and sellers alike. Some main attractions in San Jacinto include the Estudillo Mansion, a historic landmark that offers guided tours showcasing the city's rich history. The Diamond Valley Lake and the Soboba Casino Resort are also popular destinations for residents and visitors, providing recreational activities and entertainment options.
Bridge Loans in San Jacinto, California