Get Approved at The Lowest Rate
Navigating the process of buying a new home in Thermal, 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 Thermal, CA or getting it ready for the market.
Identify the new home you want to buy in Thermal, 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 Thermal, 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 Thermal, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Thermal, 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 Thermal, 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 Thermal, 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 Thermal, 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 Thermal, 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 Thermal, California offer a convenient financing solution for homeowners needing immediate funds for purchasing a new home before selling their current one. These short-term loans provide quick access to capital, helping bridge the financial gap during the transition period. With flexible terms and competitive interest rates, bridge loans can be a valuable tool for securing a new home. Thermal, California, is a vibrant community located in the Coachella Valley. The area boasts a diverse population, with a mix of young professionals, families, and retirees. The median household income is above the national average, reflecting a strong economic base and employment opportunities in industries such as tourism, agriculture, and healthcare. The housing market in Thermal, California, exhibits a competitive landscape with a range of residential properties available for purchase. The market is characterized by steady appreciation rates and a steady demand for housing, making it an attractive option for both buyers and sellers. With the support of bridge loans, prospective homeowners can navigate the market more effectively and secure their dream home. Thermal, California, is renowned for its picturesque landscapes and recreational activities. Residents and visitors can enjoy outdoor adventures at the nearby Joshua Tree National Park, explore the vibrant arts scene in Palm Springs, or unwind at world-class resorts and golf courses. With its rich cultural heritage and natural beauty, Thermal offers a diverse range of attractions for all to enjoy.
Bridge Loans in Thermal, California
