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Navigating the process of buying a new home in Suisun City, 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 Suisun City, CA or getting it ready for the market.
Identify the new home you want to buy in Suisun City, 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 Suisun City, 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 Suisun City, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Suisun City, 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 Suisun City, 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 Suisun City, 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 Suisun City, 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 Suisun City, 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 Suisun City offer individuals a flexible financing option to facilitate the purchase of a new home before selling their current property. This allows for smoother transitions without the stress of timing constraints. Demographically, Suisun City is a diverse community with a mix of families, professionals, and retirees. The city's population is around 30,000 residents, offering a suburban feel with a range of housing options. The housing market in Suisun City is competitive yet diverse, with a mix of single-family homes, townhouses, and apartments. The city has seen steady growth in property values, making it an attractive location for both homeowners and investors. Suisun City boasts several main attractions, including the Suisun Wildlife Center, a vibrant downtown area with shops and restaurants, and proximity to Suisun Bay for outdoor activities like boating and fishing.
Benefits of Bridge Loans in Suisun City, California