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Navigating the process of buying a new home in Hyampom, 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 Hyampom, CA or getting it ready for the market.
Identify the new home you want to buy in Hyampom, 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 Hyampom, 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 Hyampom, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Hyampom, 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 Hyampom, 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 Hyampom, 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 Hyampom, 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 Hyampom, 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!
A bridge loan in Hyampom, California can offer a crucial financial lifeline by providing quick access to funds when a homeowner is transitioning between the sale of a current home and the purchase of a new one. This type of loan can bridge the gap in financing, preventing the need to wait for a home sale to close before buying a new property. Hyampom, California, is a picturesque rural community located in Trinity County. The area boasts a small population, offering a peaceful and close-knit environment for residents. The demographics of Hyampom include a mix of families, retirees, and individuals seeking a serene lifestyle away from the hustle and bustle of city living. In terms of the housing market, Hyampom presents diverse opportunities for potential homeowners. With a range of property types from cozy cabins to spacious ranch-style homes, the real estate market in Hyampom caters to various preferences and budgets. Bridge loans can facilitate the acquisition of these properties by providing temporary financial support during the buying process. Hyampom is surrounded by stunning natural beauty, offering residents and visitors ample opportunities for outdoor recreation. From hiking in the Trinity Alps to exploring the nearby Trinity River, the area is a paradise for nature lovers. Additionally, attractions like the Hyampom General Store and local community events create a charming atmosphere for all to enjoy.
Benefits of Bridge Loans in Hyampom, California
