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Navigating the process of buying a new home in June Lake, 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 June Lake, CA or getting it ready for the market.
Identify the new home you want to buy in June Lake, 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 June Lake, 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 June Lake, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in June Lake, 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 June Lake, 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 June Lake, 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 June Lake, 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 June Lake, 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 June Lake, California, offer numerous benefits to homebuyers. These short-term loans provide quick funds to bridge the financing gap between the purchase of a new home and the sale of an existing one. They help buyers secure their dream homes without the need to wait for the sale of their current properties. June Lake, California, is a picturesque town located in the Eastern Sierra region. It boasts a population of around 629 residents and is known for its scenic beauty, outdoor recreational opportunities, and close-knit community. The demographics of June Lake include a mix of permanent residents and seasonal visitors attracted to the area's natural wonders. The housing market in June Lake, California, offers diverse options ranging from cozy cabins to luxurious mountain retreats. With the demand for vacation homes on the rise, the real estate market in June Lake has seen steady growth in property values. Bridge loans can be a valuable tool for buyers looking to capitalize on the competitive market and secure their desired properties. Some main attractions in June Lake include the stunning June Lake Loop Scenic Byway, June Mountain Ski Area, and the serene June Lake itself, known for its fishing and water activities. The town's proximity to Yosemite National Park and the Mammoth Lakes area further enhances its appeal to outdoor enthusiasts and nature lovers.
Bridge Loans in June Lake, California