Get Approved at The Lowest Rate
Navigating the process of buying a new home in Corning, 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 Corning, CA or getting it ready for the market.
Identify the new home you want to buy in Corning, 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 Corning, 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 Corning, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Corning, 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 Corning, 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 Corning, 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 Corning, 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 Corning, 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 offer quick financing solutions to bridge the gap between the purchase of a new property and the sale of an existing one. They provide flexibility, speed, and ease of access, making them ideal for homebuyers in Corning looking to secure a new property without the stress of a contingency. Demographics: Corning, California, has a population of approximately 7,600 residents. The median household income is around $40,000, with a mix of families, professionals, and retirees. The town has a diverse community with a strong sense of local pride and community spirit. Housing Market: Corning's housing market is on the rise, with a variety of affordable options available for buyers. The median home price is around $250,000, making it an attractive location for first-time buyers and investors. The market is competitive, with properties often selling quickly due to high demand. Main Attractions: Corning is known for its picturesque landscapes, with nearby attractions such as the Sacramento River, Lassen Volcanic National Park, and Tehama Country Club offering outdoor activities for residents and visitors. The town also boasts a vibrant downtown area with local shops, restaurants, and cultural events.
Bridge Loans in Corning, California
