Get Approved at The Lowest Rate
Navigating the process of buying a new home in Fawnskin, 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 Fawnskin, CA or getting it ready for the market.
Identify the new home you want to buy in Fawnskin, 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 Fawnskin, 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 Fawnskin, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fawnskin, 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 Fawnskin, 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 Fawnskin, 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 Fawnskin, 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 Fawnskin, 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 Fawnskin, California offer several benefits to homebuyers and property investors. They provide a short-term financing solution that bridges the gap between the purchase of a new property and the sale of an existing one. This allows individuals to secure their dream home without having to wait for their current property to sell, thus avoiding missed opportunities in a competitive market. The demographics of Fawnskin, California, paint a picture of a small, tight-knit community. With a population of around 400 residents, Fawnskin offers a peaceful and serene environment surrounded by the San Bernardino National Forest. The community is known for its rustic charm, making it an ideal location for those seeking a retreat from the hustle and bustle of city life. In terms of the housing market, Fawnskin presents a unique mix of properties, including cozy cabins, lakefront homes, and mountain retreats. The area has seen steady appreciation in property values over the years, making it an attractive investment destination. Bridge loans can be particularly beneficial in such a market, allowing buyers to act quickly when an opportunity arises. Some of the main attractions in Fawnskin include the picturesque Big Bear Lake, which offers a variety of water activities such as boating, fishing, and kayaking. Outdoor enthusiasts can also enjoy hiking and biking trails in the surrounding forested areas. The town's proximity to Big Bear City and its amenities adds to its appeal as a desirable location for both full-time residents and vacation homeowners.
Benefits of Bridge Loans in Fawnskin, California
