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Navigating the process of buying a new home in Clio, 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 Clio, CA or getting it ready for the market.
Identify the new home you want to buy in Clio, 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 Clio, 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 Clio, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Clio, 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 Clio, 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 Clio, 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 Clio, 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 Clio, 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 Clio, California offer a short-term financing solution for homebuyers. These loans provide flexibility by allowing individuals to buy a new home before selling their current one. This can be advantageous in competitive markets and when quick moves are necessary, as it eliminates the need to wait for the sale of the existing home. Demographically, Clio, California, is a small town located in the Sierra Nevada mountain range. The population is diverse, with a mix of families, retirees, and outdoor enthusiasts. The area is known for its beautiful natural landscapes and offers a peaceful setting for those looking to escape the hustle and bustle of city life. The housing market in Clio, California, is characterized by a mix of traditional single-family homes and vacation properties. With the demand for housing increasing, the market has been competitive, making bridge loans a strategic choice for buyers looking to secure a new property quickly. The area's real estate market has shown steady growth, making it an attractive investment opportunity for potential buyers. Main attractions in Clio, California, include proximity to outdoor recreational activities such as hiking, fishing, and skiing. The town is close to popular destinations like Lake Tahoe and offers a variety of cultural events and festivals throughout the year. Additionally, Clio's charming downtown area boasts local shops and restaurants, providing residents with a sense of community and local flavor.
Benefits of Bridge Loans in Clio, California
