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Navigating the process of buying a new home in Whitewater, 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 Whitewater, CA or getting it ready for the market.
Identify the new home you want to buy in Whitewater, 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 Whitewater, 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 Whitewater, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Whitewater, 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 Whitewater, 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 Whitewater, 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 Whitewater, 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 Whitewater, 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 Whitewater, California offer a valuable solution for individuals looking to purchase a new home before selling their existing one. These short-term loans provide quick access to funds, allowing buyers to bridge the financial gap between the sale of their current property and the purchase of a new home. Demographically, Whitewater, California, is a diverse community with a mix of age groups and backgrounds. The population enjoys a comfortable lifestyle with access to various amenities such as parks, schools, and shopping centers. The town's location near major freeways makes it an attractive choice for commuters. In terms of the housing market, Whitewater offers a range of options from single-family homes to modern condos, catering to different preferences and budgets. The market is characterized by steady growth and competitive pricing, making it an ideal location for both first-time homebuyers and seasoned investors. Some of the main attractions in Whitewater include its picturesque hiking trails, scenic mountain views, and proximity to popular tourist destinations like Palm Springs and Joshua Tree National Park. Residents can enjoy outdoor activities year-round, making it a desirable place to live for nature enthusiasts and adventure seekers.
Benefits of Bridge Loans in Whitewater, California
