Get Approved at The Lowest Rate
Navigating the process of buying a new home in Templeton, 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 Templeton, CA or getting it ready for the market.
Identify the new home you want to buy in Templeton, 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 Templeton, 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 Templeton, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Templeton, 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 Templeton, 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 Templeton, 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 Templeton, 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 Templeton, 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 Templeton offer individuals the flexibility to buy a new home before selling their existing one, providing a smooth transition without the pressure of timing constraints. This can be especially advantageous in a competitive real estate market like Templeton. Demographics Templeton, located in California's Central Coast region, boasts a population of around 7,000 residents. The town has a diverse community, with a mix of families, professionals, and retirees contributing to its vibrant atmosphere. Housing Market Templeton's housing market is known for its stability and competitive prices. The town offers a range of housing options, from historic homes to modern developments, catering to various preferences and budgets. Main Attractions Templeton is famous for its picturesque vineyards and wineries, making it a haven for wine enthusiasts. The town also features charming boutiques, farm-to-table restaurants, and access to outdoor activities like hiking and biking, offering residents a high quality of life.
The Benefits of Bridge Loans in Templeton, California
