Get Approved at The Lowest Rate
Navigating the process of buying a new home in Vallecito, 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 Vallecito, CA or getting it ready for the market.
Identify the new home you want to buy in Vallecito, 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 Vallecito, 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 Vallecito, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Vallecito, 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 Vallecito, 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 Vallecito, 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 Vallecito, 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 Vallecito, 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 Vallecito, California offer a valuable financial tool to homeowners looking to purchase a new property before selling their current one. These short-term loans provide the necessary funds to bridge the gap between the sale of the existing home and the purchase of a new one. This can be especially beneficial in competitive real estate markets where timing is crucial. Vallecito, California, is a charming town with a diverse population. The demographics of Vallecito typically include a mix of families, retirees, and young professionals. The community values a close-knit atmosphere and offers various recreational activities for residents of all ages. The housing market in Vallecito, California, is dynamic, with a range of property types available. From historic homes to modern developments, there is something for everyone in Vallecito. The area experiences steady demand, making it an appealing location for both buyers and sellers. Main attractions in Vallecito include the picturesque Moaning Cavern Adventure Park, where visitors can explore underground caves and enjoy thrilling activities like zip-lining. The town also boasts stunning wineries, such as Chatom Vineyards, offering wine tastings and tours amidst breathtaking vineyard views.
Benefits of Bridge Loans in Vallecito, California
