Get Approved at The Lowest Rate
Navigating the process of buying a new home in Westmorland, 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 Westmorland, CA or getting it ready for the market.
Identify the new home you want to buy in Westmorland, 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 Westmorland, 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 Westmorland, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Westmorland, 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 Westmorland, 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 Westmorland, 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 Westmorland, 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 Westmorland, 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 Westmorland offer a valuable financial solution for homebuyers needing temporary financing to bridge the gap between the purchase of a new home and the sale of their existing property. These loans provide the flexibility and convenience to secure a new home quickly without being contingent on selling the current one. Demographics: Westmorland, California, is a small, tight-knit community with a population of approximately 2,200 residents. The town has a diverse demographic makeup, with a mix of families, retirees, and young professionals, creating a vibrant and welcoming atmosphere. Housing Market: The housing market in Westmorland is characterized by affordable home prices, making it an attractive option for first-time homebuyers and those looking to invest in real estate. The market is stable, with a range of housing options from single-family homes to townhouses, offering something for everyone's needs and budget. Main Attractions: Westmorland boasts a range of attractions, including the Sonny Bono Salton Sea National Wildlife Refuge, known for its diverse bird species and stunning landscapes. The town also offers outdoor recreational activities, local shops, and community events that showcase its unique charm and appeal.
Benefits of Bridge Loans in Westmorland, California
