Get Approved at The Lowest Rate
Navigating the process of buying a new home in South San Francisco, 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 South San Francisco, CA or getting it ready for the market.
Identify the new home you want to buy in South San Francisco, 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 South San Francisco, 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 South San Francisco, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in South San Francisco, 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 South San Francisco, 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 South San Francisco, 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 South San Francisco, 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 South San Francisco, 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!
Benefits of Bridge Loans: Bridge loans offer quick financing solutions to bridge the gap between the purchase of a new property and the sale of an existing one, providing flexibility and ensuring a smooth transition without missing out on opportunities. They are ideal for home buyers looking to upgrade without being contingent on selling their current home. Demographics: South San Francisco, California, is a diverse city with a population comprised of various ethnicities, primarily Hispanic, Asian, and Caucasian residents. The city boasts a robust economy fueled by industries like biotechnology, healthcare, and manufacturing, attracting a blend of professionals and families seeking a vibrant community. Housing Market: South San Francisco's housing market is competitive, with a mix of single-family homes, townhouses, and condos. The median home price is relatively high, reflecting the desirability of the area. Bridge loans can provide buyers with the financial leverage needed to secure properties in this competitive market. Main Attractions: South San Francisco offers an array of attractions, including the scenic San Bruno Mountain State Park, vibrant downtown area with local shops and dining, and proximity to major tech companies in Silicon Valley, making it an ideal location for both work and leisure.
Bridge Loans in South San Francisco, California
