Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Quentin, 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 Quentin, CA or getting it ready for the market.
Identify the new home you want to buy in San Quentin, 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 Quentin, 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 Quentin, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Quentin, 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 Quentin, 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 Quentin, 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 Quentin, 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 Quentin, 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 Quentin offer a lifeline to individuals needing immediate funds for a new property purchase while awaiting the sale of their existing home. With quick approval times and flexible terms, bridge loans provide financial stability during transitional periods. San Quentin, California, boasts a diverse demographic profile with a mix of young professionals, families, and retirees. The community is known for its cultural vibrancy, thriving local businesses, and strong sense of community spirit, making it an attractive location for potential homebuyers. The housing market in San Quentin is competitive yet promising, with a range of properties available to suit varying budgets and preferences. Bridge loans can help buyers secure their dream home in this dynamic market, bridging the financial gap between selling and purchasing a property. San Quentin offers a variety of main attractions, including scenic parks, historic landmarks, and cultural venues. Residents can enjoy outdoor activities, fine dining options, and a rich artistic scene, making San Quentin a desirable place to live and thrive.
Benefits of Bridge Loans in San Quentin, California