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Navigating the process of buying a new home in Herlong, 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 Herlong, CA or getting it ready for the market.
Identify the new home you want to buy in Herlong, 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 Herlong, 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 Herlong, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Herlong, 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 Herlong, 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 Herlong, 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 Herlong, 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 Herlong, 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 Herlong, California provide a convenient financing option for homeowners looking to purchase a new property before selling their current one. These short-term loans offer quick access to funds, allowing individuals to bridge the gap between the sale of their existing home and the purchase of a new one. Demographics: Herlong, California, is a small town located in Lassen County. With a population of approximately 300 residents, the community offers a close-knit and friendly atmosphere. The town is known for its scenic beauty, with picturesque views of mountains and forests. Housing Market: The housing market in Herlong features a mix of single-family homes and vacant land for sale. Bridge loans can be beneficial in this area to facilitate the purchase of properties with potential for renovation and resale. The market is competitive, making bridge loans a valuable tool for buyers looking to secure their dream homes. Main Attractions: Herlong offers a range of outdoor activities for residents and visitors alike. The nearby Lassen National Forest provides opportunities for hiking, camping, and fishing. Additionally, the town is in close proximity to beautiful lakes and natural reserves, making it a desirable location for nature lovers.
The Benefits of Bridge Loans in Herlong, California
