Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lakehead, 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 Lakehead, CA or getting it ready for the market.
Identify the new home you want to buy in Lakehead, 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 Lakehead, 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 Lakehead, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lakehead, 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 Lakehead, 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 Lakehead, 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 Lakehead, 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 Lakehead, 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!
Benefits of Bridge Loans: Bridge loans provide fast access to funds for buying a new property before selling your current one. They bridge the financial gap, offering flexibility and convenience during real estate transitions. Demographics: Lakehead, California, has a diverse population with a mix of families, retirees, and outdoor enthusiasts. The town offers a peaceful suburban lifestyle with access to nature and outdoor activities. Housing Market: Lakehead's housing market is characterized by a mix of single-family homes and vacation properties. The market is stable, with moderate appreciation rates, making it an attractive location for both primary residences and investment properties. Main Attractions: Lakehead is known for its proximity to Shasta Lake, offering residents and visitors opportunities for boating, fishing, and hiking. The town is also close to the Shasta-Trinity National Forest, providing scenic beauty and outdoor adventures.
Bridge Loans in Lakehead, California
