Get Approved at The Lowest Rate
Navigating the process of buying a new home in Shandon, 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 Shandon, CA or getting it ready for the market.
Identify the new home you want to buy in Shandon, 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 Shandon, 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 Shandon, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Shandon, 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 Shandon, 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 Shandon, 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 Shandon, 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 Shandon, 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 offer a flexible financing option for homebuyers in Shandon, California. They provide quick access to funds to bridge the gap between the purchase of a new home and the sale of an existing one. This can help buyers secure their dream home without the stress of coordinating closings. Demographically, Shandon is a small, tight-knit community located in San Luis Obispo County. The population is diverse, with a mix of families, young professionals, and retirees. The area boasts a lower cost of living compared to neighboring cities, making it an attractive option for those seeking affordability and a slower pace of life. The housing market in Shandon is competitive yet stable. With a mix of single-family homes, ranch properties, and vacant land, there are options for a variety of buyers. The average home price is affordable, making it an ideal location for first-time buyers and those looking to invest in real estate. Shandon offers a range of main attractions, including the picturesque Shandon Historical Museum, the scenic San Juan Creek, and numerous vineyards and wineries. Outdoor enthusiasts can enjoy hiking and horseback riding in the nearby hills, while foodies can indulge in local wine and farm-to-table dining experiences.
The Benefits of Bridge Loans in Shandon, California
