Get Approved at The Lowest Rate
Navigating the process of buying a new home in Greenwood, 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 Greenwood, CA or getting it ready for the market.
Identify the new home you want to buy in Greenwood, 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 Greenwood, 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 Greenwood, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Greenwood, 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 Greenwood, 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 Greenwood, 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 Greenwood, 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 Greenwood, 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 a convenient solution for homeowners in Greenwood, California who need short-term financing to bridge the gap between the purchase of a new home and the sale of their current one. These loans provide flexibility and quick access to funds, allowing individuals to secure a new property without having to wait for their existing home to sell. Demographics Greenwood, California, known for its picturesque landscapes and tranquil atmosphere, boasts a population that primarily comprises middle to upper-class families and retirees. The community prides itself on its cultural diversity and strong sense of community spirit. The housing market in Greenwood, California, is dynamic and competitive, with a range of housing options available to cater to different preferences and budgets. The median home price in the area has seen steady appreciation over the years, making it an attractive investment opportunity for potential buyers. Greenwood offers a plethora of attractions for residents and visitors alike, including stunning parks, hiking trails, and charming boutique shops. The town's proximity to natural wonders and outdoor recreational activities makes it an ideal destination for nature lovers and outdoor enthusiasts.
Benefits of Bridge Loans in Greenwood, California
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