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Navigating the process of buying a new home in Gold Run, 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 Gold Run, CA or getting it ready for the market.
Identify the new home you want to buy in Gold Run, 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 Gold Run, 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 Gold Run, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Gold Run, 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 Gold Run, 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 Gold Run, 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 Gold Run, 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 Gold Run, 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!
Benefits of Bridge Loans: Bridge loans offer quick financing solutions for homeowners looking to buy a new property before selling their existing one. In Gold Run, California, these loans can help avoid missing out on a dream home due to delay in selling current property. Demographics: Gold Run has a small population with a median age of 38 years. The majority of residents are homeowners, and the area boasts a peaceful, rural atmosphere perfect for families and retirees. Housing Market: Gold Run's housing market is stable with a mix of historic homes and newer constructions. Bridge loans can be beneficial in this market to facilitate smooth transitions between properties without added stress. Main Attractions: Gold Run is known for its scenic beauty and outdoor recreational opportunities. Residents enjoy hiking and biking trails, proximity to ski resorts, and local wineries that offer a taste of the region's charm.
Bridge Loans in Gold Run, California