Get Approved at The Lowest Rate
Navigating the process of buying a new home in Yucaipa, 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 Yucaipa, CA or getting it ready for the market.
Identify the new home you want to buy in Yucaipa, 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 Yucaipa, 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 Yucaipa, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Yucaipa, 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 Yucaipa, 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 Yucaipa, 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 Yucaipa, 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 Yucaipa, 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 Yucaipa, California offer numerous benefits to homeowners and buyers. They provide the flexibility to access funds quickly for purchasing a new property before selling an existing one. This can help individuals secure their dream home without the stress of overlapping mortgages. Yucaipa, located in San Bernardino County, has a population of approximately 53,000 residents. The city boasts a diverse community with a mix of young families, professionals, and retirees. The median household income is around $60,000, and the median property value is $350,000. The housing market in Yucaipa is thriving, with a balanced mix of single-family homes and rental properties. The real estate market has shown steady appreciation over the years, making it an attractive investment opportunity for potential buyers. The average home price in Yucaipa is $400,000. Yucaipa offers a range of attractions for residents and visitors alike. The city is known for its beautiful parks, hiking trails, and outdoor recreational activities. Craft breweries, local eateries, and shopping centers provide entertainment options for all ages.
Bridge Loans in Yucaipa, California
