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Navigating the process of buying a new home in Scotts Valley, 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 Scotts Valley, CA or getting it ready for the market.
Identify the new home you want to buy in Scotts Valley, 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 Scotts Valley, 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 Scotts Valley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Scotts Valley, 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 Scotts Valley, 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 Scotts Valley, 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 Scotts Valley, 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 Scotts Valley, 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 Scotts Valley, California offer a flexible financing option for homebuyers who are looking to purchase a new home before selling their current one. These short-term loans provide quick access to funds to bridge the gap between the sale of the existing home and the purchase of a new one. This can be particularly beneficial in a competitive real estate market where quick transactions are crucial. Located in Santa Cruz County, Scotts Valley boasts a population that enjoys a high quality of life. Demographics show a mix of families, young professionals, and retirees, drawn to the area for its scenic beauty, excellent schools, and proximity to both the coast and Silicon Valley. The community is known for its strong sense of civic pride and active engagement in local events and initiatives. The housing market in Scotts Valley, California is dynamic and competitive. With a diverse range of properties including single-family homes, townhouses, and condominiums, there is something to suit every preference and budget. The market has shown resilience and consistent growth over the years, making it an attractive option for both buyers and sellers. Some of the main attractions in Scotts Valley include the beautiful parks and outdoor recreation areas, such as the iconic Mount Hermon Redwood Canopy Tours. The vibrant local dining scene offers a variety of culinary experiences, while nearby wineries and breweries provide opportunities for relaxation and socializing. Additionally, the community hosts numerous festivals and events throughout the year, fostering a strong sense of community spirit.
Bridge Loans in Scotts Valley, California
