Get Approved at The Lowest Rate
Navigating the process of buying a new home in Emigrant Gap, 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 Emigrant Gap, CA or getting it ready for the market.
Identify the new home you want to buy in Emigrant Gap, 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 Emigrant Gap, 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 Emigrant Gap, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Emigrant Gap, 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 Emigrant Gap, 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 Emigrant Gap, 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 Emigrant Gap, 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 Emigrant Gap, 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 a quick and flexible financing option for homeowners in Emigrant Gap, California, allowing them to bridge the gap between the purchase of a new home and the sale of their existing one. These loans provide immediate access to funds without the need to wait for the sale of the current property, enabling smoother transitions and avoiding the risk of missing out on a dream home. Demographics Emigrant Gap, California, has a population of approximately 230 residents, with a median age of 45. The majority of residents are homeowners, and the community boasts a strong sense of camaraderie and neighborly support. The area is known for its picturesque landscapes and serene environment, attracting nature lovers and outdoor enthusiasts. The housing market in Emigrant Gap offers a mix of single-family homes, cabins, and vacation properties nestled amidst the stunning Sierra Nevada mountains. The market is characterized by a tight inventory and high demand, making bridge loans an attractive option for buyers looking to secure their new homes quickly and efficiently. Emigrant Gap is renowned for its proximity to recreational activities such as hiking, fishing, and skiing. The area is home to the Donner Memorial State Park, offering historical insight and beautiful trails for visitors. Additionally, the nearby city of Truckee provides a charming downtown area with shops, restaurants, and cultural events for residents to enjoy.
The Benefits of Bridge Loans in Emigrant Gap, California
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