Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Martin, 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 Martin, CA or getting it ready for the market.
Identify the new home you want to buy in San Martin, 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 Martin, 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 Martin, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Martin, 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 Martin, 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 Martin, 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 Martin, 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 Martin, 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 Martin offer borrowers a valuable financial tool for covering the down payment on a new home while waiting for the sale of their existing property. These short-term loans provide quick access to funds, allowing individuals to bridge the gap between buying a new home and selling their current one without disrupting their financial stability. Demographically, San Martin is a charming rural area located in Santa Clara County, California, known for its picturesque landscapes and vineyards. The town has a small population that values a close-knit community feel, making it an ideal place for families and individuals seeking a quieter pace of life away from the hustle and bustle of larger cities. San Martin's housing market is characterized by a mix of traditional single-family homes and sprawling estates set amidst beautiful countryside. The area has seen steady growth in property values in recent years, making it an attractive investment opportunity for those looking to purchase real estate in a desirable location with strong potential for appreciation. While in San Martin, residents and visitors can enjoy a variety of attractions, including visits to local wineries for wine tastings, exploring hiking trails in Henry W. Coe State Park, and attending community events that celebrate the town's agricultural heritage. The town's proximity to Silicon Valley also offers easy access to urban amenities and employment opportunities.
Benefits of Bridge Loans in San Martin, California
