Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lakeport, 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 Lakeport, CA or getting it ready for the market.
Identify the new home you want to buy in Lakeport, 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 Lakeport, 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 Lakeport, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lakeport, 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 Lakeport, 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 Lakeport, 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 Lakeport, 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 Lakeport, 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 offer a flexible financing option for homebuyers in Lakeport, California, providing them with the ability to secure a new property before selling their current one. This ensures a smooth transition without the stress of timing constraints. Lakeport, California, boasts a diverse population with a mix of families, retirees, and professionals. The city's charming small-town atmosphere, scenic beauty, and outdoor recreational opportunities make it an ideal place to live and invest in real estate. The housing market in Lakeport is stable and experiencing steady growth. With a range of property types available, from waterfront homes to suburban houses, there are options to suit different preferences and budgets, making it a desirable location for both homeowners and investors. Main attractions in Lakeport include the Clear Lake, the largest freshwater lake entirely within California, offering various water activities. The nearby Mount Konocti provides hiking trails and stunning views, while the local wineries and dining options showcase the region's culinary delights.
Benefits of Bridge Loans in Lakeport, California
