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Navigating the process of buying a new home in Trona, 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 Trona, CA or getting it ready for the market.
Identify the new home you want to buy in Trona, 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 Trona, 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 Trona, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Trona, 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 Trona, 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 Trona, 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 Trona, 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 Trona, 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 valuable financial solution for homebuyers in Trona, California, allowing them to secure funds for a new home purchase while awaiting the sale of their current property. These short-term loans bridge the gap between selling one house and buying another, providing flexibility and convenience. Trona, California, boasts a diverse demographic makeup, with a mix of families, professionals, and retirees calling the town home. The community is known for its welcoming atmosphere and strong sense of unity, making it an ideal place for individuals looking to establish roots in a close-knit neighborhood. When it comes to the housing market in Trona, California, properties are in high demand due to the town's desirable location and affordable housing options. Bridge loans can help buyers act quickly in this competitive market, giving them an edge over other potential buyers and increasing their chances of securing their dream home. Trona, California, is home to a variety of main attractions, including the Trona Pinnacles, a unique geological formation that attracts visitors from near and far. Additionally, the town offers access to outdoor recreational activities such as hiking, biking, and camping, making it an ideal destination for nature enthusiasts.
Benefits of Bridge Loans in Trona, California
