Get Approved at The Lowest Rate
Navigating the process of buying a new home in Berry Creek, 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 Berry Creek, CA or getting it ready for the market.
Identify the new home you want to buy in Berry Creek, 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 Berry Creek, 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 Berry Creek, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Berry Creek, 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 Berry Creek, 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 Berry Creek, 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 Berry Creek, 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 Berry Creek, 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!
A bridge loan in Berry Creek, California can provide the benefit of allowing individuals to purchase a new home before selling their current one. This can be advantageous in a competitive real estate market where timing is crucial. Demographically, Berry Creek has a small population of around 2,000 residents, offering a close-knit community feel. The town is surrounded by beautiful natural landscapes, including the Lake Oroville State Recreation Area. In terms of the housing market, Berry Creek offers diverse options ranging from cozy cabins to spacious ranch-style homes. The market is relatively stable, with a variety of properties available to cater to different preferences and budgets. Some of the main attractions in Berry Creek include the stunning Bald Rock Trail, Berry Creek Falls, and the historic Lotts Place. These natural and cultural landmarks offer residents and visitors unique experiences in this tranquil California town.
Benefits of Bridge Loans in Berry Creek, California
