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Navigating the process of buying a new home in Gualala, 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 Gualala, CA or getting it ready for the market.
Identify the new home you want to buy in Gualala, 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 Gualala, 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 Gualala, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Gualala, 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 Gualala, 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 Gualala, 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 Gualala, 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 Gualala, 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 Gualala, California provide numerous benefits for homeowners looking to purchase a new property before selling their existing one. These short-term loans offer quick financing, flexibility in repayment, and can help avoid the need for a contingent offer. Gualala, California, is a beautiful coastal community located in Mendocino County. With a population of around 2,000 residents, the area boasts stunning ocean views, a mild climate, and a rich artistic community. The median household income is above the national average, making it an attractive area for both locals and tourists. The housing market in Gualala offers a mix of property types, including oceanfront estates, cozy cottages, and convenient condos. The market is experiencing steady growth, with property values increasing year over year. Bridge loans can help buyers take advantage of these opportunities while navigating the competitive market. Main attractions in Gualala include the Gualala Arts Center, which hosts numerous events and exhibitions throughout the year. Outdoor enthusiasts can enjoy activities such as hiking, kayaking, and whale watching along the picturesque coastline. The town also features charming shops, galleries, and restaurants for residents and visitors to enjoy.
Bridge Loans in Gualala, California
