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Navigating the process of buying a new home in Weimar, 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 Weimar, CA or getting it ready for the market.
Identify the new home you want to buy in Weimar, 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 Weimar, 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 Weimar, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Weimar, 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 Weimar, 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 Weimar, 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 Weimar, 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 Weimar, 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!
A bridge loan in Weimar, California offers a valuable financing option for homeowners looking to buy a new home before selling their current one. This type of loan provides short-term funding that can help bridge the gap between the purchase of a new home and the sale of the existing one. Demographics: Weimar, California, is a small town with a population of around 2000 residents. The town has a mix of families, young professionals, and retirees, creating a diverse community. Housing Market: The housing market in Weimar is stable, with a range of housing options available, from single-family homes to ranch-style properties. The median home price is moderate, making it an attractive location for both first-time buyers and those looking to upgrade. Main Attractions: Weimar offers a tranquil setting with access to outdoor activities such as hiking, fishing, and camping. The town is also close to historic sites and vineyards, providing residents with a mix of relaxation and cultural experiences.
Benefits of Bridge Loans in Weimar, California
