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Navigating the process of buying a new home in Tecate, 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 Tecate, CA or getting it ready for the market.
Identify the new home you want to buy in Tecate, 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 Tecate, 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 Tecate, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tecate, 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 Tecate, 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 Tecate, 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 Tecate, 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 Tecate, 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 in Tecate, California provide quick financing solutions for individuals looking to purchase a new home before selling their existing one. This helps in avoiding contingency clauses, allowing for a smoother transition between properties. Demographics: Tecate, California, is a diverse community with a mix of cultures. The population consists of both locals and tourists, creating a vibrant and welcoming atmosphere. The town offers a peaceful environment with access to modern amenities. Housing Market: The housing market in Tecate, California, is stable with a mix of traditional and modern properties. With the availability of bridge loans, individuals have more flexibility in accessing housing options that suit their needs without the stress of selling their current home first. Main Attractions: Tecate, California, is known for its scenic beauty and outdoor recreational activities. The town is located near the Tecate Peak, providing opportunities for hiking and enjoying nature. Additionally, the Tecate Brewery and local shops offer a unique cultural experience for residents and visitors.
Bridge Loans in Tecate, California
