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Navigating the process of buying a new home in Branscomb, 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 Branscomb, CA or getting it ready for the market.
Identify the new home you want to buy in Branscomb, 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 Branscomb, 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 Branscomb, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Branscomb, 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 Branscomb, 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 Branscomb, 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 Branscomb, 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 Branscomb, 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 Branscomb offer individuals a convenient way to finance the purchase of a new home before selling their current one. This provides flexibility and speed in real estate transactions, allowing buyers to secure the new property without waiting for their old home to sell. Demographically, Branscomb, California, boasts a small population of around 700 residents, creating a tight-knit community atmosphere. The town features a diverse mix of age groups, with a slightly older population, offering a peaceful and welcoming environment for families and retirees alike. When it comes to the housing market, Branscomb offers a mix of affordable housing options, from cozy single-family homes to spacious rural properties. The market has shown steady growth in recent years, making it an attractive location for those looking to invest in real estate or settle down in a tranquil rural setting. Main attractions in Branscomb include the scenic Branscomb Loop, a popular hiking trail offering breathtaking views of the surrounding countryside. The town also features the historic Branscomb Tavern, a charming local spot known for its cozy atmosphere and delicious comfort food.
Benefits of Bridge Loans in Branscomb, California
