Get Approved at The Lowest Rate
Navigating the process of buying a new home in Blue 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 Blue Lake, CA or getting it ready for the market.
Identify the new home you want to buy in Blue 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 Blue 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 Blue Lake, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Blue 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 Blue 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 Blue 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 Blue 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 Blue 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 Blue Lake, California offer several advantages to homeowners. One of the primary benefits is the ability to access quick financing for purchasing a new home before selling the current one. This can help prevent delays in the buying process and allows individuals to secure their dream home without waiting for their existing property to sell. Demographically, Blue Lake, California, is a small town with a population of approximately 1,253 residents. The town has a strong sense of community, with a median age of 38 years. The majority of residents are homeowners, and the town offers a peaceful and serene environment for families and individuals looking to settle down. The housing market in Blue Lake is characterized by a mix of historic homes and modern properties. The average home price is around $300,000, making it an affordable option for those looking to purchase real estate in California. The market is stable, with a steady increase in property values over the years, making it an attractive investment opportunity. Blue Lake, California, is known for its natural beauty and outdoor recreational activities. The town is home to the Mad River, offering fishing and kayaking opportunities. The annual Logger Barbecue and Kinetic Grand Championship are popular events that attract visitors from neighboring areas. Additionally, the town's close proximity to the coast provides easy access to beach destinations.
Benefits of Bridge Loans in Blue Lake, California
