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Navigating the process of buying a new home in Big Pine, 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 Pine, CA or getting it ready for the market.
Identify the new home you want to buy in Big Pine, 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 Pine, 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 Pine, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Big Pine, 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 Pine, 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 Pine, 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 Pine, 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 Pine, 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 Pine, California offer numerous benefits for homeowners. These short-term loans provide immediate access to funds without the need to sell your current home first. This can be particularly advantageous in a competitive real estate market where speed is key. Demographically, Big Pine is a charming town located in the Eastern Sierra region of California. Known for its picturesque views of the Sierra Nevada mountains, Big Pine attracts outdoor enthusiasts and nature lovers. The population is diverse, with a mix of retirees, families, and young professionals. In terms of the housing market, Big Pine offers a mix of single-family homes, cabins, and vacation properties. The market is stable with moderate appreciation rates, making it an attractive option for both buyers and sellers. Bridge loans can help facilitate seamless transitions between properties in this market. Main attractions in Big Pine include the Ancient Bristlecone Pine Forest, home to some of the oldest trees in the world, and the Owens River, a popular spot for fishing and kayaking. The town's proximity to outdoor activities such as hiking, skiing, and camping make it a desirable location for those seeking a relaxed lifestyle.
Benefits of Bridge Loans in Big Pine, California
