Get Approved at The Lowest Rate
Navigating the process of buying a new home in Alturas, 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 Alturas, CA or getting it ready for the market.
Identify the new home you want to buy in Alturas, 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 Alturas, 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 Alturas, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Alturas, 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 Alturas, 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 Alturas, 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 Alturas, 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 Alturas, 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 Alturas, California provide a convenient financing option for homebuyers who are in the process of selling their current home while purchasing a new one. These loans offer quick access to funds, enabling buyers to make a competitive offer without contingencies based on the sale of their existing home. Alturas, California, located in Modoc County, boasts a population of around 2,800 residents. The town features a diverse demographic with a mix of professionals, families, and retirees. The community is known for its friendly atmosphere and close-knit neighborhoods. The housing market in Alturas is characterized by a range of options, from historic single-family homes to modern condominiums. With a median home price lower than the state average, Alturas offers affordable housing opportunities for first-time buyers and those looking to invest in real estate. Alturas is surrounded by picturesque natural landscapes, including the Modoc National Forest and the Warner Mountains. Outdoor enthusiasts can enjoy activities such as hiking, fishing, and camping. The town also boasts cultural attractions like the Modoc County Historical Museum and the California Pines Golf Course.
Benefits of Bridge Loans in Alturas, California
