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Navigating the process of buying a new home in San Lucas, 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 Lucas, CA or getting it ready for the market.
Identify the new home you want to buy in San Lucas, 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 Lucas, 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 Lucas, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Lucas, 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 Lucas, 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 Lucas, 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 Lucas, 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 Lucas, 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 Lucas, California offer a valuable financial solution for individuals looking to purchase a new home without having to sell their current one first. One of the key benefits is the flexibility it provides in timing the purchase of a new home, preventing the need to rush a sale. Additionally, bridge loans can help bridge the gap between buying a new home and selling the existing one, avoiding the need for contingent offers. San Lucas, California, is a vibrant community with a diverse population. The city boasts a median household income above the state average, attracting a mix of professionals and families. The area's demographics showcase a blend of cultural backgrounds, creating a rich tapestry of experiences and perspectives. The housing market in San Lucas is dynamic, with a steady increase in property values over the past few years. The demand for housing continues to rise, making it an ideal location for real estate investments. Bridge loans offer a strategic financing option for buyers looking to capitalize on the growing property market in San Lucas. San Lucas, California, is home to a range of attractions, from beautiful beaches to scenic parks and renowned dining establishments. Residents and visitors alike can enjoy a mix of outdoor activities, cultural events, and culinary experiences that make San Lucas a vibrant and inviting place to live and visit.
Bridge Loans in San Lucas, California