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Navigating the process of buying a new home in Markleeville, 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 Markleeville, CA or getting it ready for the market.
Identify the new home you want to buy in Markleeville, 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 Markleeville, 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 Markleeville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Markleeville, 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 Markleeville, 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 Markleeville, 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 Markleeville, 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 Markleeville, 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 flexible financing solutions for homeowners in Markleeville looking to purchase a new home before selling their current property. These loans provide short-term funding to bridge the gap between transactions, allowing for a smooth transition without the need to wait for the sale of the existing home. Markleeville, California, is a picturesque town located in Alpine County. With a population of around 200 residents, it offers a close-knit community feel perfect for those seeking a peaceful and scenic environment. The town boasts stunning natural beauty, including access to nearby national forests and outdoor recreational activities. The housing market in Markleeville reflects the town's charm and desirability. The market offers a mix of historical homes, modern developments, and picturesque cabins, catering to various preferences. While property prices can vary, the unique appeal of Markleeville ensures a stable and attractive real estate market for both buyers and sellers.
The Benefits of Bridge Loans in Markleeville, California