Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lewiston, 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 Lewiston, CA or getting it ready for the market.
Identify the new home you want to buy in Lewiston, 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 Lewiston, 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 Lewiston, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lewiston, 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 Lewiston, 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 Lewiston, 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 Lewiston, 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 Lewiston, 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 Lewiston, California offer numerous benefits to homebuyers and sellers. One of the primary advantages is the ability to secure financing quickly, allowing individuals to bridge the gap between the purchase of a new home before selling their current one. This can help avoid the stress of timing issues often associated with buying and selling homes simultaneously. Lewiston, California, is a charming town located in Trinity County. The area boasts a population of approximately 1,200 residents, offering a close-knit community feel. With a median age of 55, Lewiston attracts retirees and those seeking a peaceful lifestyle surrounded by nature. The housing market in Lewiston, California, is characterized by a mix of single-family homes, ranch properties, and vacation homes. The market is relatively stable, with moderate price appreciation over the years. Bridge loans can provide buyers with the flexibility needed to capitalize on desirable properties in this competitive market. Some of the main attractions in Lewiston include Lewiston Lake, a popular spot for fishing and boating enthusiasts. The surrounding Trinity Alps Wilderness offers hiking trails and breathtaking scenery, attracting outdoor enthusiasts year-round. Additionally, Lewiston is known for its annual events such as the Peddler's Fair and Fourth of July celebrations, fostering a strong sense of community.
Benefits of Bridge Loans in Lewiston, California
