Get Approved at The Lowest Rate
Navigating the process of buying a new home in Clearlake Park, 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 Clearlake Park, CA or getting it ready for the market.
Identify the new home you want to buy in Clearlake Park, 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 Clearlake Park, 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 Clearlake Park, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Clearlake Park, 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 Clearlake Park, 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 Clearlake Park, 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 Clearlake Park, 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 Clearlake Park, 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 Clearlake Park, California offer quick financing solutions for individuals looking to purchase a new home before selling their current one. These short-term loans help bridge the financial gap between the sale of the existing property and the purchase of a new one, providing flexibility and convenience to homeowners. Demographics: Clearlake Park, California, is a small community located in Lake County. With a population of approximately 2,000 residents, the town offers a tight-knit community feel. The area is known for its beautiful scenery, including Clear Lake, the largest freshwater lake entirely within California. Housing Market: The housing market in Clearlake Park presents a range of opportunities for both buyers and sellers. With the median home price below the national average, the area is considered affordable, making it an attractive option for first-time homebuyers and investors looking to enter the market. Main Attractions: Clearlake Park boasts several main attractions, including Clear Lake State Park, ideal for outdoor enthusiasts with activities such as hiking, fishing, and boating. The town's proximity to vineyards and wineries also offers residents and visitors the chance to explore California's famed wine country.
Benefits of Bridge Loans in Clearlake Park, California
