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Navigating the process of buying a new home in Marysville, 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 Marysville, CA or getting it ready for the market.
Identify the new home you want to buy in Marysville, 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 Marysville, 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 Marysville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Marysville, 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 Marysville, 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 Marysville, 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 Marysville, 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 Marysville, 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 Marysville, California offer significant advantages to homeowners. These short-term loans can help bridge the financial gap between buying a new home and selling the current one. With a bridge loan, individuals can avoid the stress of having to wait for their home to sell before purchasing a new one. This can be particularly beneficial in competitive real estate markets where quick sales are crucial. Marysville, California, has a diverse population that contributes to a vibrant community. The city is home to a mix of young professionals, families, and retirees, creating a rich tapestry of cultures and backgrounds. The demographics of Marysville make it an inclusive and welcoming place to live, with ample opportunities for social engagement and networking. The housing market in Marysville, California, is dynamic and offers a range of options for potential buyers. With a mix of historic homes, modern developments, and rural properties, Marysville provides choices for individuals at various life stages. The market is known for its stability and affordability, making it an attractive location for first-time buyers, families, and investors alike.
Benefits of Bridge Loans in Marysville, California
