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Navigating the process of buying a new home in Walnut Creek, 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 Walnut Creek, CA or getting it ready for the market.
Identify the new home you want to buy in Walnut Creek, 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 Walnut Creek, 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 Walnut Creek, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Walnut Creek, 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 Walnut Creek, 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 Walnut Creek, 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 Walnut Creek, 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 Walnut Creek, 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 Walnut Creek offer numerous benefits to homeowners. These short-term loans provide quick access to funds allowing homeowners to bridge the financial gap between the purchase of a new home and the sale of their current property. This can help avoid delays and secure the desired property without waiting for the sale of the existing home. Demographically, Walnut Creek is a vibrant city located in the East Bay region of the San Francisco Bay Area. With a population of around 70,000 residents, the city boasts a diverse community and a high standard of living. The median household income in Walnut Creek is well above the national average, making it an attractive location for potential homebuyers. The housing market in Walnut Creek is competitive yet dynamic. The city offers a mix of housing options ranging from single-family homes to luxurious estates. The market is characterized by steady appreciation rates, making it a lucrative investment opportunity for those looking to buy property in the area. Walnut Creek is renowned for its picturesque downtown area filled with upscale shops, restaurants, and entertainment options. The city is home to attractions like the Lesher Center for the Arts, Heather Farm Park, and Broadway Plaza, making it a desirable destination for both residents and visitors alike.
Benefits of Bridge Loans in Walnut Creek, California
