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Navigating the process of buying a new home in Bridgeville, 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 Bridgeville, CA or getting it ready for the market.
Identify the new home you want to buy in Bridgeville, 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 Bridgeville, 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 Bridgeville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bridgeville, 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 Bridgeville, 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 Bridgeville, 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 Bridgeville, 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 Bridgeville, 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 Bridgeville offer a convenient financing option for those looking to purchase a new home before selling their current one. This short-term loan can cover the down payment and closing costs, providing financial flexibility. Bridgeville, California, with a population of around 25 residents, is a picturesque town located in Humboldt County. The community is known for its peaceful and scenic surroundings, making it an ideal place for those seeking a quiet and serene lifestyle. The housing market in Bridgeville is characterized by charming single-family homes with spacious lots and beautiful views. Properties range from historic cottages to modern custom-built houses, catering to various preferences and budgets. While in Bridgeville, visitors can explore attractions such as Bridgeville Historic Bridge, a popular spot for photography and sightseeing. The town also offers outdoor activities like hiking in the nearby forests and fishing in the local rivers, providing ample opportunities for recreation and relaxation.
Benefits of Bridge Loans in Bridgeville, California