Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tehachapi, 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 Tehachapi, CA or getting it ready for the market.
Identify the new home you want to buy in Tehachapi, 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 Tehachapi, 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 Tehachapi, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tehachapi, 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 Tehachapi, 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 Tehachapi, 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 Tehachapi, 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 Tehachapi, 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 convenient financial solution for residents of Tehachapi, California, looking to transition between the sale of their current home and the purchase of a new one seamlessly. These short-term loans provide the flexibility of accessing funds quickly, allowing homeowners to secure their dream home without having to wait for their old property to sell. Tehachapi, California, boasts a diverse demographic with a mix of families, professionals, and retirees. The city has a population with a median age of 38 years, with a median household income of $50,497. The community is known for its friendly atmosphere and strong sense of community, making it an ideal place to raise a family or settle down. In terms of the housing market, Tehachapi offers a range of options from cozy starter homes to spacious ranch-style properties. The median home value in Tehachapi is $255,700, making it an affordable choice for first-time buyers and those looking to invest in real estate. The market is dynamic, with a steady demand for housing, making it an attractive location for property investments. Along with its vibrant housing market, Tehachapi is home to a variety of attractions, including the Tehachapi Loop, an iconic railroad engineering marvel. The city also offers outdoor recreational activities such as hiking in the Tehachapi Mountains and exploring the Tehachapi Wind Farm, providing residents with a mix of natural beauty and cultural experiences.
Benefits of Bridge Loans in Tehachapi, California
