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Navigating the process of buying a new home in Canyon Dam, 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 Canyon Dam, CA or getting it ready for the market.
Identify the new home you want to buy in Canyon Dam, 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 Canyon Dam, 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 Canyon Dam, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Canyon Dam, 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 Canyon Dam, 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 Canyon Dam, 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 Canyon Dam, 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 Canyon Dam, 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!
Benefits of Bridge Loans: Bridge loans in Canyon Dam offer quick financing solutions to homebuyers. They provide flexibility by allowing buyers to make competitive offers on new homes while still owning their current one. This prevents the need for a contingency offer. Demographics: Canyon Dam has a small population of just over 1000 residents. The majority of the population consists of families and retirees who enjoy the quiet and scenic surroundings of the area. Housing Market: The housing market in Canyon Dam is characterized by a mix of single-family homes and vacation properties. The prices are relatively affordable compared to other California regions, making it an attractive option for those seeking a peaceful retreat. Main Attractions: Canyon Dam is surrounded by the Lassen National Forest, offering residents and visitors ample opportunities for outdoor activities such as hiking, fishing, and boating. The serene Lake Almanor is a popular spot for water sports and relaxation.
Bridge Loans in Canyon Dam, California
