Get Approved at The Lowest Rate
Navigating the process of buying a new home in Forest Falls, 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 Forest Falls, CA or getting it ready for the market.
Identify the new home you want to buy in Forest Falls, 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 Forest Falls, 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 Forest Falls, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Forest Falls, 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 Forest Falls, 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 Forest Falls, 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 Forest Falls, 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 Forest Falls, 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 Forest Falls, California offer a convenient financing option for homeowners looking to purchase a new home before selling their existing one. This type of loan provides short-term funding to bridge the gap between the sale of the current home and the purchase of a new property, allowing for smoother transactions and avoiding the need for a contingency clause. Demographics in Forest Falls, California show a tight-knit community with a population of approximately 1,100 residents. The town boasts a mix of families, retirees, and outdoor enthusiasts who are drawn to the area's natural beauty and tranquil surroundings. The housing market in Forest Falls is characterized by a mix of single-family homes, cabins, and vacation properties. With a median home price of $300,000, the market offers affordable options for buyers seeking a peaceful retreat in the picturesque San Bernardino National Forest. Some of the main attractions in Forest Falls include the breathtaking Big Falls, a popular hiking destination offering stunning views of cascading waterfalls. Outdoor enthusiasts can also enjoy activities such as camping, fishing, and picnicking in the nearby San Bernardino Mountains.
The Benefits of Bridge Loans in Forest Falls, California
