Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Juan Bautista, 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 Juan Bautista, CA or getting it ready for the market.
Identify the new home you want to buy in San Juan Bautista, 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 Juan Bautista, 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 Juan Bautista, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Juan Bautista, 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 Juan Bautista, 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 Juan Bautista, 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 Juan Bautista, 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 Juan Bautista, 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 San Juan Bautista, California offer a short-term financing option for homeowners allowing them to bridge the gap between the purchase of a new home and the sale of their current one. This helps to avoid contingent offers and enables a smoother transition to a new property. Demographics: San Juan Bautista, California, is a charming historic town with a population of around 1,900 residents. The community has a mix of cultures, primarily Hispanic and Caucasian, creating a vibrant and inclusive atmosphere. Housing Market: The housing market in San Juan Bautista offers a mix of historic homes and newer developments. The median home value is around $700,000, with a steady appreciation rate. Bridge loans can be beneficial in this market to facilitate quicker home purchases. Main Attractions: San Juan Bautista is known for its historical sites, including the San Juan Bautista State Historic Park and the Old Mission San Juan Bautista. The town also hosts events like the Art & Wine Festival, attracting tourists and locals alike to enjoy the cultural offerings.
Bridge Loans in San Juan Bautista, California
