Get Approved at The Lowest Rate
Navigating the process of buying a new home in Turlock, 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 Turlock, CA or getting it ready for the market.
Identify the new home you want to buy in Turlock, 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 Turlock, 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 Turlock, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Turlock, 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 Turlock, 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 Turlock, 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 Turlock, 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 Turlock, 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 Turlock, California offer numerous benefits to homeowners and property investors. These short-term loans provide quick access to funds, allowing borrowers to bridge financial gaps during property transitions. They are ideal for those looking to buy a new property before selling their existing one, as they can cover down payments and closing costs. Turlock, California, located in the heart of the Central Valley, boasts a diverse population with a mix of urban and rural settings. The city has a strong agricultural presence, with a significant portion of its residents working in the farming industry. Additionally, Turlock is known for its vibrant community events, farmers' markets, and cultural festivals. The housing market in Turlock, California, is currently experiencing steady growth, making it an attractive location for real estate investments. The city offers a mix of housing options, from historic homes in established neighborhoods to modern developments with amenities. With a growing population and a strong economy, Turlock presents promising opportunities for property buyers and investors.
Bridge Loans in Turlock, California
