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Navigating the process of buying a new home in Alleghany, 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 Alleghany, CA or getting it ready for the market.
Identify the new home you want to buy in Alleghany, 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 Alleghany, 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 Alleghany, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Alleghany, 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 Alleghany, 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 Alleghany, 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 Alleghany, 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 Alleghany, 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!
Benefits of Bridge Loans: Bridge loans in Alleghany, California provide quick access to funds for homebuyers, allowing them to secure a new property before selling their existing one. This can prevent the need for a contingency offer and streamline the buying process. Demographics: Alleghany, California, is a small town with a population of approximately 85 residents. The community is close-knit, with a mix of families and retirees enjoying the peaceful and scenic surroundings. Housing Market: The housing market in Alleghany offers a unique blend of historic charm and modern amenities. Single-family homes and cabins are popular choices, with an average home price of $250,000. The market is stable, making it an attractive option for buyers. Main Attractions: Despite its small size, Alleghany boasts several attractions, including the Yuba River for outdoor activities like fishing and hiking, as well as the historic Sixteen to One Mine for a glimpse into the town's gold mining past.
Bridge Loans in Alleghany, California
