Get Approved at The Lowest Rate
Navigating the process of buying a new home in Thousand Palms, 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 Thousand Palms, CA or getting it ready for the market.
Identify the new home you want to buy in Thousand Palms, 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 Thousand Palms, 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 Thousand Palms, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Thousand Palms, 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 Thousand Palms, 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 Thousand Palms, 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 Thousand Palms, 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 Thousand Palms, 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 Thousand Palms, California offer numerous benefits to homebuyers and sellers. They provide short-term financing that bridges the gap between the purchase of a new home and the sale of the current one, helping individuals to secure their dream homes without being contingent on selling their existing property. Thousand Palms, California, a small community in Riverside County, has a diverse demographic makeup that includes families, retirees, and young professionals. The area is known for its scenic beauty, with stunning mountain views and proximity to outdoor recreational activities like hiking, golfing, and horseback riding. The housing market in Thousand Palms is competitive yet offers opportunities for both buyers and sellers. With a steady increase in property values, investing in the real estate market can be profitable. Bridge loans can help buyers navigate this competitive market by providing quick access to funds for securing properties. Main attractions in Thousand Palms include the Coachella Valley Preserve, a desert oasis with palm trees and hiking trails, as well as nearby attractions like the Living Desert Zoo and Gardens. The area's cultural scene, culinary offerings, and proximity to renowned music festivals make it a vibrant place to live and visit.
Bridge Loans in Thousand Palms, California
