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Navigating the process of buying a new home in Sunol, 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 Sunol, CA or getting it ready for the market.
Identify the new home you want to buy in Sunol, 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 Sunol, 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 Sunol, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sunol, 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 Sunol, 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 Sunol, 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 Sunol, 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 Sunol, 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 Sunol, California provide homeowners with the flexibility to purchase a new home before selling their current one. This allows for a smoother transition between properties without the stress of timing constraints. It also gives individuals the opportunity to secure a new home quickly in a competitive market. Sunol, California, is a small yet charming town with a population that appreciates its rural setting while being close to urban amenities. The demographics of Sunol skew towards families and professionals seeking a peaceful lifestyle with access to quality schools and outdoor recreational activities. The housing market in Sunol offers a mix of historic homes and modern developments, catering to different preferences. The area has seen steady growth in property values, making it an attractive investment for those looking to establish roots in a picturesque and serene environment.
Benefits of Bridge Loans in Sunol, California