Get Approved at The Lowest Rate
Navigating the process of buying a new home in Fall River Mills, 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 Fall River Mills, CA or getting it ready for the market.
Identify the new home you want to buy in Fall River Mills, 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 Fall River Mills, 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 Fall River Mills, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fall River Mills, 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 Fall River Mills, 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 Fall River Mills, 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 Fall River Mills, 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 Fall River Mills, 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 Fall River Mills, California offer a convenient financing solution for individuals looking to purchase a new property before selling their existing one. This type of loan provides short-term funding that can bridge the gap between the sale of the current property and the purchase of a new one, preventing buyers from missing out on desirable opportunities. Demographics: Fall River Mills is a small town in Shasta County, California, with a population of approximately 700 residents. The town is known for its picturesque surroundings, including the Fall River and nearby mountains, attracting nature lovers and outdoor enthusiasts. Housing Market: The housing market in Fall River Mills offers a mix of single-family homes, ranch properties, and vacant land. The median home value in the area is around $250,000, making it an affordable option for buyers interested in a rural lifestyle with access to outdoor recreational activities. Main Attractions: Some of the main attractions in Fall River Mills include the Fall River Golf Course, Ahjumawi Lava Springs State Park, and the Fall River Theatre. Outdoor activities such as fishing, hiking, and golfing are popular among residents and visitors alike.
The Benefits of Bridge Loans in Fall River Mills, California
