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Navigating the process of buying a new home in Long Barn, 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 Long Barn, CA or getting it ready for the market.
Identify the new home you want to buy in Long Barn, 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 Long Barn, 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 Long Barn, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Long Barn, 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 Long Barn, 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 Long Barn, 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 Long Barn, 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 Long Barn, 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 can be a valuable financial tool for individuals looking to purchase a new home in Long Barn, California before selling their current property. These short-term loans provide quick access to funds, allowing buyers to secure their new home quickly without having to wait for their old home to sell. This can be particularly useful in competitive real estate markets where properties are in high demand. Long Barn, California is a charming rural community located in the Sierra Nevada mountains. The area boasts a population that values nature and outdoor activities, making it an ideal location for those who enjoy hiking, fishing, and other outdoor pursuits. The demographics of Long Barn skew towards families and retirees looking for a peaceful and scenic place to call home. The housing market in Long Barn is characterized by a mix of single-family homes, cabins, and vacation properties. With the area's natural beauty and recreational opportunities, housing prices can vary widely depending on the location and amenities of the property. Bridge loans can help potential buyers navigate this diverse market and secure their dream home in this picturesque community. Some of the main attractions in Long Barn, California include the Stanislaus National Forest, which offers miles of hiking trails and camping sites, and Pinecrest Lake, a popular spot for boating and fishing. Additionally, Dodge Ridge Ski Resort provides winter recreational activities for residents and visitors alike. With its close-knit community and access to outdoor adventures, Long Barn has something to offer for everyone.
The Benefits of Bridge Loans in Long Barn, California
