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Navigating the process of buying a new home in Greenville, 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 Greenville, CA or getting it ready for the market.
Identify the new home you want to buy in Greenville, 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 Greenville, 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 Greenville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Greenville, 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 Greenville, 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 Greenville, 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 Greenville, 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 Greenville, 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 provide quick financing for purchasing a new home before selling an existing property, helping to avoid delays and secure the desired property. In Greenville, California, these loans can be crucial due to the competitive real estate market and high demand for housing. Demographics: Greenville, California, has a population of approximately 1,129 residents. The town offers a mix of rural charm and small-town community vibes, making it an attractive place for families and retirees looking for a peaceful lifestyle. Housing Market: The housing market in Greenville is characterized by a diverse range of properties, including single-family homes, townhouses, and rural estates. The market is experiencing steady growth, with an increase in property values and new construction projects. Main Attractions: Greenville is known for its natural beauty, with attractions such as Lake Almanor and Plumas National Forest offering opportunities for outdoor recreation like fishing, hiking, and camping. The town also features local shops, restaurants, and community events that showcase its unique charm.
Bridge Loans in Greenville, California