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Navigating the process of buying a new home in Lemon Cove, 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 Lemon Cove, CA or getting it ready for the market.
Identify the new home you want to buy in Lemon Cove, 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 Lemon Cove, 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 Lemon Cove, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lemon Cove, 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 Lemon Cove, 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 Lemon Cove, 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 Lemon Cove, 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 Lemon Cove, 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 several benefits to homebuyers in Lemon Cove. These short-term loans provide quick access to funds, allowing buyers to secure a new property before selling their existing home. This can help in competitive markets and prevent missing out on their dream home. Lemon Cove, California, is a small town with a population of around 350 residents. The community is known for its beautiful landscapes, including proximity to Sequoia National Park and Three Rivers. The area offers a peaceful and rural living environment, attracting those looking to escape the hustle and bustle of city life. The housing market in Lemon Cove is characterized by a range of properties, from historic homes to modern builds. Bridge loans can be particularly useful in this market to facilitate quick purchases and take advantage of investment opportunities. With a median home price below the national average, Lemon Cove offers an affordable housing market. Some main attractions in Lemon Cove include the Lemon Cove Village RV Park, Kaweah Oaks Preserve, and Bravo Farms. These attractions provide recreational activities for residents and visitors, highlighting the town's charm and unique offerings. The serene environment and local amenities make Lemon Cove a desirable place to live or visit.
Benefits of Bridge Loans in Lemon Cove, California
