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Navigating the process of buying a new home in Lee Vining, 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 Lee Vining, CA or getting it ready for the market.
Identify the new home you want to buy in Lee Vining, 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 Lee Vining, 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 Lee Vining, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lee Vining, 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 Lee Vining, 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 Lee Vining, 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 Lee Vining, 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 Lee Vining, 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 Lee Vining offer quick financing solutions for homeowners who are in the process of purchasing a new home while waiting to sell their existing one. This type of loan provides flexibility and enables individuals to secure their dream home without the stress of timing the sale of their current property. Lee Vining, California, is a small and picturesque town located on the eastern slopes of the Sierra Nevada Mountains. With a population of around 200 residents, this community offers a close-knit and peaceful living environment. The town is known for its stunning views of Mono Lake and the surrounding mountains, making it a popular destination for nature enthusiasts. The housing market in Lee Vining is characterized by a mix of traditional single-family homes and charming cabins, offering a variety of options for potential buyers. The median home price in Lee Vining is competitive compared to other areas in California, making it an attractive location for those looking to invest in property or settle down in a tranquil environment. Some of the main attractions in Lee Vining include the Mono Basin Scenic Area Visitor Center, which provides information about the local natural history and outdoor recreational opportunities. Additionally, visitors can explore the nearby Bodie State Historic Park, a well-preserved ghost town that offers a glimpse into California's gold rush era.
Benefits of Bridge Loans in Lee Vining, California
