Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Pablo, 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 Pablo, CA or getting it ready for the market.
Identify the new home you want to buy in San Pablo, 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 Pablo, 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 Pablo, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Pablo, 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 Pablo, 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 Pablo, 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 Pablo, 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 Pablo, 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 Pablo offer a unique financial solution for homeowners. They provide quick access to funds allowing homeowners to bridge the gap between the purchase of a new home and the sale of their existing one. This enables a seamless transition without the stress of timing constraints. San Pablo, California, has a diverse demographic mix including a significant Hispanic and Asian population. The city also has a growing number of young professionals and families attracted by its affordability compared to neighboring areas in the Bay Area. The housing market in San Pablo is experiencing steady growth with increasing property values and demand. Bridge loans help homeowners take advantage of this growth by allowing them to secure new properties quickly. The real estate market offers a mix of single-family homes, townhouses, and apartments. Main attractions in San Pablo include the Wildcat Canyon Regional Park, which offers hiking and nature trails, and the Casino San Pablo, a popular entertainment venue. The city's proximity to San Francisco and Oakland provides residents with easy access to urban amenities.
Benefits of Bridge Loans in San Pablo, California
