Get Approved at The Lowest Rate
Navigating the process of buying a new home in Eagleville, 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 Eagleville, CA or getting it ready for the market.
Identify the new home you want to buy in Eagleville, 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 Eagleville, 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 Eagleville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Eagleville, 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 Eagleville, 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 Eagleville, 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 Eagleville, 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 Eagleville, 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 Eagleville, California offer numerous benefits to both homebuyers and sellers. These short-term loans provide quick access to funds, allowing buyers to secure a new property before selling their existing one. This helps avoid the stress of timing the sale and purchase of homes, making the transition smoother and less risky. Demographically, Eagleville boasts a population of around 300 residents, offering a close-knit community feel. The town is known for its picturesque surroundings and a low crime rate, making it an ideal place for families and retirees looking for a peaceful environment to call home. In terms of the housing market, Eagleville experiences a stable real estate market with moderate pricing. Bridge loans can be particularly advantageous in such markets, as they enable buyers to act quickly when a desirable property becomes available, without the constraints of traditional financing methods. While Eagleville may be a small town, it has its own unique charm and attractions. Visitors and residents alike can enjoy outdoor activities such as hiking, fishing, and camping in the nearby Modoc National Forest. Additionally, the town hosts annual events, farmers' markets, and local fairs, fostering a strong sense of community spirit.
The Benefits of Bridge Loans in Eagleville, California
