Get Approved at The Lowest Rate
Navigating the process of buying a new home in Felton, 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 Felton, CA or getting it ready for the market.
Identify the new home you want to buy in Felton, 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 Felton, 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 Felton, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Felton, 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 Felton, 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 Felton, 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 Felton, 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 Felton, 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 Felton, California offer numerous benefits to homebuyers. One of the main advantages is the ability to secure financing quickly, allowing buyers to bridge the gap between the sale of their current home and the purchase of a new one. This enables seamless transactions without having to wait for the sale of their existing property. Demographically, Felton, California is a diverse community with a mix of families, professionals, and retirees. The town has a strong sense of community and boasts a variety of amenities such as parks, schools, and local businesses. The population consists of individuals from various backgrounds, creating a vibrant and inclusive environment. In terms of the housing market, Felton offers a range of housing options from cozy cabins nestled in the redwoods to modern single-family homes. The market is competitive yet stable, with prices varying based on location and property size. Bridge loans provide buyers with the flexibility to act quickly in this dynamic market without missing out on their dream home. Some of the main attractions in Felton include the famous Roaring Camp Railroads, the picturesque Henry Cowell Redwoods State Park, and opportunities for outdoor activities like hiking and biking. The town's proximity to Silicon Valley also makes it an attractive location for those seeking a peaceful retreat with easy access to urban amenities.
Benefits of Bridge Loans in Felton, California
