Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mineral, 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 Mineral, CA or getting it ready for the market.
Identify the new home you want to buy in Mineral, 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 Mineral, 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 Mineral, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mineral, 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 Mineral, 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 Mineral, 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 Mineral, 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 Mineral, 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 Mineral, California offer numerous benefits to homebuyers and property investors. These short-term loans provide quick access to funds, allowing individuals to secure a new property before selling their existing one. This helps prevent missed opportunities and allows for smoother transitions between properties. Mineral, California, is a picturesque town nestled in the foothills of the Sierra Nevada mountains. With a small population of approximately 200 residents, Mineral offers a close-knit community atmosphere ideal for those seeking a peaceful and serene lifestyle away from the hustle and bustle of larger cities. The housing market in Mineral, California, is characterized by a mix of charming single-family homes, expansive ranch properties, and vacant land suitable for new construction. Due to the town's desirable location and limited inventory, property values have remained stable, making it an attractive investment opportunity for buyers looking to build equity in a scenic setting. Some of the main attractions in Mineral include the Lassen Volcanic National Park, which offers breathtaking views of volcanic landscapes, hiking trails, and opportunities for outdoor recreation. The nearby town of Red Bluff also provides shopping, dining, and cultural experiences for residents and visitors alike.
Benefits of Bridge Loans in Mineral, California
