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Navigating the process of buying a new home in Bass Lake, 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 Bass Lake, CA or getting it ready for the market.
Identify the new home you want to buy in Bass Lake, 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 Bass Lake, 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 Bass Lake, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bass Lake, 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 Bass Lake, 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 Bass Lake, 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 Bass Lake, 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 Bass Lake, 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 Bass Lake, California offer numerous benefits to homebuyers and sellers. These short-term loans can provide quick funding for purchasing a new home before selling the current one, avoiding the need for a contingency offer. Bridge loans also allow buyers to make stronger non-contingent offers, increasing the chances of securing their desired property. Bass Lake, California, is a picturesque community located in Madera County. With a population of approximately 527 residents, Bass Lake offers a serene and close-knit environment for those seeking a peaceful retreat from the city. The area boasts stunning natural beauty, including the crystal-clear waters of the lake and lush surrounding forests. The housing market in Bass Lake, California, is characterized by a mix of charming cabins, luxury homes, and vacation properties. The market is competitive, with limited inventory and high demand from buyers seeking waterfront views and recreational opportunities. Median home prices in Bass Lake are higher than the national average, reflecting the desirability of the area. Main attractions in Bass Lake include water activities such as boating, fishing, and swimming. Visitors can explore nearby Yosemite National Park for hiking and sightseeing, or enjoy dining at local restaurants offering delicious cuisine with stunning lake views. The area's natural beauty and recreational opportunities make it a popular destination for both residents and tourists.
Bridge Loans Benefits in Bass Lake, California