Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mcclellan, 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 Mcclellan, CA or getting it ready for the market.
Identify the new home you want to buy in Mcclellan, 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 Mcclellan, 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 Mcclellan, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mcclellan, 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 Mcclellan, 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 Mcclellan, 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 Mcclellan, 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 Mcclellan, 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 McClellan offer borrowers the flexibility to secure short-term financing for immediate needs such as purchasing a new home before selling an existing one. These loans bridge the gap between the purchase of a new property and the sale of the current one, providing financial breathing space. McClellan, California, is a diverse community with a population that values close-knit neighborhoods and community engagement. The town has a mix of residents from different backgrounds, creating a vibrant and inclusive atmosphere. The housing market in McClellan is stable, with a variety of housing options available to meet the needs of different families. The area offers a mix of single-family homes, townhouses, and apartments, catering to a range of budgets and preferences. Some main attractions in McClellan include beautiful parks, cultural venues, and recreational facilities. Residents and visitors can enjoy outdoor activities, local restaurants, and community events that showcase the town's rich history and vibrant spirit.
Benefits of Bridge Loans in McClellan, California
