Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Jose, 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 Jose, CA or getting it ready for the market.
Identify the new home you want to buy in San Jose, 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 Jose, 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 Jose, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Jose, 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 Jose, 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 Jose, 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 Jose, 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 Jose, 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 Jose, California offer numerous benefits to homeowners and real estate investors. These short-term loans provide quick access to funds to bridge the gap between the purchase of a new property and the sale of an existing one. They offer flexibility, speed, and convenience, allowing borrowers to secure financing without the strict requirements of traditional lenders. Bridge loans also help in avoiding missed opportunities in competitive real estate markets by providing timely access to capital. San Jose, California, is a diverse and vibrant city located in the heart of Silicon Valley. With a population of over one million residents, the city is known for its thriving tech industry, cultural diversity, and high standard of living. The demographics of San Jose show a blend of young professionals, families, and students, creating a dynamic and inclusive community. The housing market in San Jose is characterized by high demand and limited inventory. The median home price is well above the national average, making it a seller's market. Bridge loans offer a competitive advantage to homebuyers, enabling them to make strong offers and secure properties in a competitive market. Additionally, the appreciation rates in San Jose have been historically strong, making real estate investments lucrative in the long run. San Jose boasts a rich cultural scene, with attractions such as the Tech Museum of Innovation, San Jose Museum of Art, and the Winchester Mystery House. The city is also home to diverse dining options, outdoor recreational activities, and vibrant nightlife spots. With its proximity to scenic landscapes and top-rated schools, San Jose offers a high quality of life for residents and visitors alike.
The Benefits of Bridge Loans in San Jose, California
