Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mount Shasta, 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 Mount Shasta, CA or getting it ready for the market.
Identify the new home you want to buy in Mount Shasta, 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 Mount Shasta, 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 Mount Shasta, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mount Shasta, 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 Mount Shasta, 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 Mount Shasta, 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 Mount Shasta, 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 Mount Shasta, 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!
Benefits of Bridge Loans: Bridge loans in Mount Shasta provide immediate funds to bridge the gap between purchasing a new property and selling an existing one. They offer flexibility, quick approval, and temporary financial relief, making them ideal for homeowners in need of short-term financing. Demographics: Mount Shasta, California, is a picturesque city nestled at the base of Mount Shasta. With a population of approximately 3,500 residents, the city has a close-knit community feel and a median household income above the state average. Housing Market: The housing market in Mount Shasta is characterized by a mix of historic homes, modern developments, and stunning mountain views. Property values have been steadily appreciating, making it an attractive location for real estate investors and homeowners looking for a peaceful retreat. Main Attractions: Mount Shasta is famous for its outdoor recreational opportunities, including hiking, skiing, and fishing. The city is also home to the historic Mount Shasta Resort, which offers golfing, spa services, and breathtaking views of the mountain.
Bridge Loans in Mount Shasta, California
