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Navigating the process of buying a new home in Dunlap, 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 Dunlap, CA or getting it ready for the market.
Identify the new home you want to buy in Dunlap, 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 Dunlap, 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 Dunlap, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dunlap, 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 Dunlap, 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 Dunlap, 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 Dunlap, 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 Dunlap, 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 offer immediate funds to cover transitional periods between the purchase of a new home and the sale of a current one. In Dunlap, California, these loans are advantageous as they provide flexibility in real estate transactions, preventing delays and ensuring seamless transitions for homeowners. Demographically, Dunlap is a small town in Fresno County with a population that values the natural surroundings and peaceful lifestyle. The community is close-knit, making it an ideal place for families and retirees seeking a serene environment amidst nature's beauty. The housing market in Dunlap presents a mix of residential properties, from cozy cabins to expansive estates, reflecting the diverse needs of potential buyers. With the help of bridge loans, buyers can capitalize on opportunities in this competitive market and secure their dream homes without the stress of overlapping mortgages. Some main attractions in Dunlap include its proximity to Kings Canyon National Park, offering residents and visitors stunning views, hiking trails, and outdoor recreational activities. The town's charm lies in its rustic appeal, making it a desirable location for nature enthusiasts and those looking for a peaceful retreat.
Benefits of Bridge Loans in Dunlap, California