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Navigating the process of buying a new home in Likely, 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 Likely, CA or getting it ready for the market.
Identify the new home you want to buy in Likely, 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 Likely, 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 Likely, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Likely, 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 Likely, 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 Likely, 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 Likely, 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 Likely, 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 in Likely, California offer quick financing solutions for homeowners looking to purchase a new home before selling their existing one. They provide short-term funding to bridge the gap between the purchase of a new property and the sale of the current one, enabling smoother transitions without the need for contingent offers. Demographics: Likely, California, is a charming rural town with a population that values community and nature. The residents comprise a mix of families, retirees, and professionals who appreciate the small-town feel and peaceful surroundings. The area boasts a close-knit community that supports local businesses and events. Housing Market: The housing market in Likely, California, offers a blend of historic homes, modern residences, and rural properties. With relatively affordable housing options compared to larger cities in California, Likely is an attractive location for those seeking a quieter lifestyle without sacrificing amenities and conveniences. Main Attractions: Likely, California, is known for its outdoor recreational opportunities, including hiking trails, fishing spots, and camping areas. The town's proximity to natural attractions like national parks and scenic mountains make it a desirable destination for nature enthusiasts and adventurers.
Bridge Loans Benefits in Likely, California