Get Approved at The Lowest Rate
Navigating the process of buying a new home in Santa Rosa, 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 Rosa, CA or getting it ready for the market.
Identify the new home you want to buy in Santa Rosa, 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 Rosa, 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 Rosa, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Santa Rosa, 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 Rosa, 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 Rosa, 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 Rosa, 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 Rosa, 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 Rosa, California offer numerous benefits for homebuyers. These short-term loans provide quick financing solutions to bridge the gap between the purchase of a new home and the sale of your current property. They enable you to seize opportunities in the fast-paced real estate market without being held back by the constraint of waiting for your existing property to sell. Demographically, Santa Rosa is a diverse city located in Sonoma County, California. With a population of around 177,586, the city has a mix of young professionals, families, and retirees. The city's ethnic diversity, vibrant culture, and welcoming community make it an attractive place to live. The housing market in Santa Rosa is dynamic and competitive. With a median home value of around $598,000, the market offers a mix of housing options from historic homes to modern developments. The real estate market in Santa Rosa is known for its steady appreciation, making it a solid investment for homebuyers.
The Benefits of Bridge Loans in Santa Rosa, California
