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Navigating the process of buying a new home in Glenhaven, 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 Glenhaven, CA or getting it ready for the market.
Identify the new home you want to buy in Glenhaven, 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 Glenhaven, 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 Glenhaven, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Glenhaven, 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 Glenhaven, 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 Glenhaven, 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 Glenhaven, 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 Glenhaven, 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 Glenhaven, California offer the advantage of providing quick and temporary financing solutions for homeowners looking to purchase a new property before selling their existing one. This can help avoid the stress of carrying two mortgages and enable a smoother transition between homes. Demographics Glenhaven, California, is a picturesque community nestled along the shores of Clear Lake. With a population of approximately 500 residents, the town boasts a close-knit and friendly atmosphere. The area primarily consists of families and retirees attracted to the serene lakeside setting and natural beauty. Housing Market In Glenhaven, the housing market offers a mix of charming lakeside cottages, modern waterfront homes, and spacious ranch-style properties. The town's real estate market is relatively stable, with moderate price appreciation over the years. Bridge loans can be particularly beneficial in this market, allowing buyers to act quickly and secure their dream home. Main Attractions One of Glenhaven's main attractions is Clear Lake, the largest freshwater lake in California, offering a variety of water activities such as fishing, boating, and swimming. The town is also surrounded by lush forests and hiking trails, making it a haven for outdoor enthusiasts. Additionally, local vineyards and wineries provide a taste of the region's renowned wine culture.
The Benefits of Bridge Loans in Glenhaven, California
