Get Approved at The Lowest Rate
Navigating the process of buying a new home in Yucca Valley, 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 Yucca Valley, CA or getting it ready for the market.
Identify the new home you want to buy in Yucca Valley, 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 Yucca Valley, 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 Yucca Valley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Yucca Valley, 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 Yucca Valley, 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 Yucca Valley, 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 Yucca Valley, 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 Yucca Valley, 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 Yucca Valley, California provide a valuable financial solution for homeowners looking to purchase a new home before selling their current one. These short-term loans offer quick access to funds, allowing individuals to bridge the gap between buying a new property and selling their existing one. This can be especially beneficial in competitive real estate markets where securing a new home quickly is essential. Demographics: Yucca Valley has a population of approximately 21,200 residents. The town attracts a mix of retirees, young families, and artists due to its unique desert landscape, affordable housing options, and artistic community. The median age in the town is around 41 years old, and the cost of living is slightly below the national average. Housing Market: The housing market in Yucca Valley offers a diverse range of properties, including single-family homes, condos, and ranch-style houses. The median home price in the area is around $260,000, making it an attractive location for first-time buyers and investors alike. With the help of bridge loans, buyers can act quickly on desirable properties before they are sold to other interested parties. Main Attractions: Yucca Valley is known for its proximity to Joshua Tree National Park, a popular destination for outdoor enthusiasts and nature lovers. The town also boasts a vibrant arts scene, with numerous galleries and studios showcasing local talent. Additionally, residents enjoy a variety of hiking trails, shops, and restaurants that cater to both locals and tourists.
The Benefits of Bridge Loans in Yucca Valley, California
