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Navigating the process of buying a new home in Myers Flat, 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 Myers Flat, CA or getting it ready for the market.
Identify the new home you want to buy in Myers Flat, 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 Myers Flat, 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 Myers Flat, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Myers Flat, 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 Myers Flat, 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 Myers Flat, 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 Myers Flat, 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 Myers Flat, 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 Myers Flat, California offer a convenient short-term financing solution for individuals looking to purchase a new home before selling their existing property. This type of loan helps bridge the gap between the sale of the current home and the purchase of a new one, providing flexibility and liquidity. Myers Flat, California, is a small community with a population of approximately 126 residents. The town boasts a peaceful and close-knit atmosphere, making it an ideal place for those looking to escape the hustle and bustle of city life. With beautiful natural surroundings and a strong sense of community, Myers Flat offers a unique living experience. The housing market in Myers Flat is characterized by a mix of charming single-family homes, cozy cottages, and spacious plots of land. The real estate market is relatively stable, with a median home value that is affordable compared to neighboring areas. Bridge loans can help buyers take advantage of the available housing options in Myers Flat without having to wait for their current home to sell. Some main attractions in Myers Flat include the stunning Humboldt Redwoods State Park, known for its majestic redwood trees and scenic hiking trails. The Avenue of the Giants, a famous scenic drive that winds through towering redwoods, offers breathtaking views of the surrounding nature. Additionally, the town's proximity to the Eel River provides opportunities for fishing, kayaking, and other outdoor activities.
Benefits of Bridge Loans in Myers Flat, California
