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Navigating the process of buying a new home in Kneeland, 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 Kneeland, CA or getting it ready for the market.
Identify the new home you want to buy in Kneeland, 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 Kneeland, 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 Kneeland, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Kneeland, 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 Kneeland, 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 Kneeland, 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 Kneeland, 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 Kneeland, 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 Kneeland, California offer a convenient financing solution for individuals looking to purchase a new property before selling their existing one. These loans provide temporary funding to bridge the gap between the purchase of a new home and the sale of the current one, allowing borrowers to make a smooth transition without worrying about timing issues. Kneeland, California, a charming rural community situated in Humboldt County, boasts a population of approximately 250 residents. The area is known for its picturesque landscapes, including lush forests, rolling hills, and stunning views of the Pacific Ocean, making it a desirable location for nature lovers and outdoor enthusiasts. The housing market in Kneeland, California, offers a mix of single-family homes, ranch properties, and vacant land for those looking to build their dream home. With a median home price below the state average, Kneeland presents an attractive opportunity for buyers seeking a peaceful and affordable living environment in Northern California.
Benefits of Bridge Loans in Kneeland, California