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Navigating the process of buying a new home in Downieville, 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 Downieville, CA or getting it ready for the market.
Identify the new home you want to buy in Downieville, 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 Downieville, 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 Downieville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Downieville, 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 Downieville, 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 Downieville, 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 Downieville, 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 Downieville, 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 provide a short-term financing option for homeowners in Downieville, California, allowing them to secure funds to purchase a new home before selling their existing property. This can help avoid the hassle of having to move twice and provides flexibility in the transition between homes. Demographics: Downieville, California, is a small historic town with a population of approximately 250 residents. The town has a rich history and a close-knit community, making it an ideal place for those seeking a peaceful and charming living environment. Housing Market: The housing market in Downieville offers a mix of historic properties and more modern homes. With the demand for homes increasing in this picturesque town, bridge loans can help buyers secure their dream home without the stress of timing the sale of their current property. Main Attractions: Downieville is known for its outdoor recreational opportunities, including hiking, fishing, and mountain biking. The town also hosts annual events such as the Downieville Classic mountain bike race, attracting visitors from all over the country.
Benefits of Bridge Loans in Downieville, California
