Get Approved at The Lowest Rate
Navigating the process of buying a new home in Coleville, 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 Coleville, CA or getting it ready for the market.
Identify the new home you want to buy in Coleville, 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 Coleville, 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 Coleville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Coleville, 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 Coleville, 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 Coleville, 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 Coleville, 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 Coleville, 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 Coleville offer numerous benefits to homebuyers. These short-term loans provide quick access to funds, allowing buyers to secure a new property before selling their current one. This can prevent the need for a contingent offer and help buyers move swiftly in a competitive market. Demographically, Coleville, California, has a population of approximately XXXX residents. The town boasts a diverse community, with a mix of families, professionals, and retirees. The area is known for its scenic beauty, outdoor recreational opportunities, and strong sense of community. The housing market in Coleville is dynamic and offers a range of options for buyers. The median home price is $XXXX, with a variety of properties available from cozy condos to spacious single-family homes. Bridge loans can be especially advantageous in this market, providing buyers with flexibility and financial leverage. Some of the main attractions in Coleville include XXXX. Additionally, the town is located near XXXX, making it a desirable destination for outdoor enthusiasts. With easy access to hiking, fishing, and other recreational activities, Coleville offers a high quality of life for its residents.
Benefits of Bridge Loans in Coleville, California
