Get Approved at The Lowest Rate
Navigating the process of buying a new home in Big 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 Big Creek, CA or getting it ready for the market.
Identify the new home you want to buy in Big 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 Big 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 Big Creek, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Big 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 Big 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 Big 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 Big 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 Big 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!
Bridge loans in Big Creek, California offer several benefits to both homebuyers and sellers. They provide a short-term financing option that helps bridge the gap between the purchase of a new home and the sale of an existing one. This helps avoid the stress of timing issues that often come with buying and selling properties simultaneously. Big Creek, California, is a small mountain community nestled in the Sierra National Forest. With a population of around 200 residents, the town offers a tight-knit community feel and a peaceful environment surrounded by nature. The area attracts outdoor enthusiasts due to its proximity to the Sierra National Forest, offering hiking, fishing, and camping opportunities. The housing market in Big Creek, California, is unique, characterized by a mix of traditional homes and mountain cabins. The market is relatively stable, with properties retaining their value well. Bridge loans can be especially beneficial in such a market, allowing buyers to secure a new property quickly without having to wait for their old home to sell. Main attractions in Big Creek include the breathtaking views of the Sierra National Forest, the Big Creek Hydroelectric Project, and the nearby Shaver Lake. These attractions make the town an ideal spot for nature lovers and those seeking a tranquil lifestyle away from the hustle and bustle of city life.
Benefits of Bridge Loans in Big Creek, California
