Get Approved at The Lowest Rate
Navigating the process of buying a new home in Canby, 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 Canby, CA or getting it ready for the market.
Identify the new home you want to buy in Canby, 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 Canby, 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 Canby, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Canby, 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 Canby, 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 Canby, 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 Canby, 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 Canby, 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 Canby, California offer numerous benefits for homebuyers. They provide quick access to funds, enabling buyers to secure a new home before selling their current one. This can prevent the need for a contingent offer and potentially offer a competitive advantage in the housing market. Demographically, Canby is a diverse community with a mix of families, professionals, and retirees. The town experiences a moderate population growth, offering a tight-knit community feel. The cost of living is relatively low compared to nearby cities, making it an attractive option for many. The housing market in Canby is stable with a steady increase in property values. Bridge loans can help buyers take advantage of this appreciation by allowing them to purchase new properties without waiting for their current ones to sell. This flexibility can be crucial in a competitive market like Canby. Some main attractions in Canby include its picturesque parks, local farmers markets, and proximity to outdoor recreational areas. Residents enjoy a laid-back lifestyle while still having access to essential amenities and services. The town's charm and natural beauty make it a desirable place to call home.
Benefits of Bridge Loans in Canby, California
