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Navigating the process of buying a new home in Gasquet, 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 Gasquet, CA or getting it ready for the market.
Identify the new home you want to buy in Gasquet, 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 Gasquet, 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 Gasquet, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Gasquet, 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 Gasquet, 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 Gasquet, 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 Gasquet, 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 Gasquet, 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 offer immediate financial assistance to homeowners in Gasquet, California, enabling them to bridge the gap between the sale of their current home and the purchase of a new one. This type of loan provides flexibility and convenience, allowing individuals to secure their dream home without having to wait for their current property to sell. Gasquet, California, with a population of approximately 600 residents, is a charming and close-knit community nestled in the heart of Del Norte County. The area boasts a diverse demographic mix, including families, retirees, and young professionals, creating a vibrant and welcoming atmosphere. The housing market in Gasquet offers a range of options, from quaint single-family homes to spacious rural estates, catering to various preferences and budgets. With a median home value of $275,000, the market is relatively affordable compared to neighboring areas, making it an attractive destination for individuals looking to invest in real estate. Gasquet is surrounded by picturesque natural beauty, including the stunning Smith River, where residents can enjoy fishing, kayaking, and other water activities. The area is also home to the majestic Jedediah Smith Redwoods State Park, offering hiking trails and camping facilities for outdoor enthusiasts. Additionally, Gasquet is in close proximity to the Oregon border, providing easy access to explore nearby attractions and coastal areas.
Benefits of Bridge Loans in Gasquet, California
