Get Approved at The Lowest Rate
Navigating the process of buying a new home in Santa Rita Park, 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 Santa Rita Park, CA or getting it ready for the market.
Identify the new home you want to buy in Santa Rita Park, 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 Santa Rita Park, 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 Santa Rita Park, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Santa Rita Park, 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 Santa Rita Park, 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 Santa Rita Park, 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 Santa Rita Park, 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 Santa Rita Park, 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 Santa Rita Park, California offer a unique financing solution for homeowners looking to purchase a new home before selling their existing one. These loans provide short-term financing that bridges the gap between the sale of the current home and the purchase of a new one, allowing for quick and convenient transactions. Demographically, Santa Rita Park is a diverse community located in Merced County with a mix of residents from various cultural backgrounds. The area enjoys a moderate climate, making it an attractive place to live for those seeking a mild weather all year round. In terms of the housing market, Santa Rita Park offers a range of housing options, from single-family homes to apartments, catering to different preferences and budgets. The market is currently showing steady growth, with increasing property values and a strong demand for housing.
Benefits of Bridge Loans in Santa Rita Park, California
