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Navigating the process of buying a new home in Glenn, 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 Glenn, CA or getting it ready for the market.
Identify the new home you want to buy in Glenn, 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 Glenn, 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 Glenn, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Glenn, 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 Glenn, 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 Glenn, 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 Glenn, 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 Glenn, 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 Glenn, California offer short-term financing solutions for homeowners to purchase a new property before selling their existing one. This allows for a smooth transition without the need to wait for the sale of their current home. Demographics Glenn, California, has a diverse population with a mix of families, young professionals, and retirees. The median household income is above the national average, making it an attractive location for those seeking a comfortable lifestyle. Housing Market The housing market in Glenn, California, is competitive yet offers a variety of options from single-family homes to modern condominiums. With increasing demand, property values have been appreciating steadily, making it a lucrative investment opportunity. Main Attractions Glenn, California, boasts scenic beauty with its lush parks, hiking trails, and recreational facilities. Residents and visitors can enjoy outdoor activities like camping, fishing, and boating in the picturesque surroundings. Additionally, the town has a vibrant arts and cultural scene, including museums and local festivals.
Benefits of Bridge Loans in Glenn, California
