Get Approved at The Lowest Rate
Navigating the process of buying a new home in Forbestown, 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 Forbestown, CA or getting it ready for the market.
Identify the new home you want to buy in Forbestown, 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 Forbestown, 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 Forbestown, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Forbestown, 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 Forbestown, 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 Forbestown, 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 Forbestown, 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 Forbestown, 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 Forbestown, California offer numerous benefits for homebuyers and real estate investors, serving as a short-term financing option to bridge the gap between the purchase of a new property and the sale of an existing one. One of the key advantages is the quick access to funds, allowing individuals to secure a new property without being contingent on selling their current one. Forbestown, California, located in Butte County, has a population of approximately 300 residents. The area is known for its serene natural surroundings, providing a peaceful retreat from the hustle and bustle of city life. With its close-knit community and picturesque landscapes, Forbestown offers a tranquil living environment for residents of all ages. The housing market in Forbestown, California, is characterized by a mix of single-family homes and vacant land for development. Properties in the area range from cozy cabins nestled in the woods to spacious ranch-style homes with expansive acreage. Despite the rural setting, the housing market in Forbestown is dynamic, with opportunities for both buyers and sellers to find their perfect property. Some of the main attractions in Forbestown and its surrounding areas include the Forbestown Ditch Trail, a popular hiking and biking trail that offers stunning views of the local scenery. Additionally, residents can enjoy outdoor activities such as fishing, boating, and camping at nearby Lake Oroville, making Forbestown an ideal destination for nature enthusiasts.
Benefits of Bridge Loans in Forbestown, California
