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Navigating the process of buying a new home in Norden, 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 Norden, CA or getting it ready for the market.
Identify the new home you want to buy in Norden, 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 Norden, 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 Norden, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Norden, 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 Norden, 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 Norden, 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 Norden, 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 Norden, 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: Bridge loans offer quick financing options for Norden residents to purchase a new home before selling their existing property, avoiding the need for a contingency clause. Demographics: Norden, California, is a small town with a population of around 2000 residents, known for its close-knit community and scenic surroundings in the Sierra Nevada mountains. Housing Market: The housing market in Norden is competitive, with a median home price of $550,000. Bridge loans provide flexibility for buyers in this market to secure properties efficiently. Main Attractions: Norden is famous for its proximity to the Sugar Bowl Ski Resort, making it a popular destination for winter sports enthusiasts. The town also boasts beautiful hiking trails and stunning views of Donner Lake.
The Benefits of Bridge Loans in Norden, California
