Get Approved at The Lowest Rate
Navigating the process of buying a new home in Cedarville, 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 Cedarville, CA or getting it ready for the market.
Identify the new home you want to buy in Cedarville, 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 Cedarville, 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 Cedarville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Cedarville, 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 Cedarville, 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 Cedarville, 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 Cedarville, 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 Cedarville, 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 Cedarville, California offer several benefits to homebuyers. They provide short-term financing to bridge the gap between the purchase of a new home and the sale of a current one, helping buyers secure funds quickly with flexible terms. Cedarville, California, with a population of approximately 500 residents, offers a peaceful small-town atmosphere surrounded by breathtaking natural landscapes, making it an ideal place for those seeking a slower pace of life. The local housing market in Cedarville is characterized by a mix of single-family homes and ranch-style properties. With an average home price of $150,000, the market is competitive yet affordable, making it an attractive option for buyers looking to invest in a rural community. While in Cedarville, visitors can explore attractions such as the Cedar Pass Campground near Lassen Volcanic National Park, enjoy outdoor activities like hiking and fishing in the Warner Mountains, and experience the rich cultural heritage of the Modoc County Historical Museum.
Benefits of Bridge Loans in Cedarville, California
