Get Approved at The Lowest Rate
Navigating the process of buying a new home in O Neals, 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 O Neals, CA or getting it ready for the market.
Identify the new home you want to buy in O Neals, 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 O Neals, 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 O Neals, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in O Neals, 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 O Neals, 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 O Neals, 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 O Neals, 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 O Neals, 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 provide homeowners in O'Neals with quick access to funds for purchasing a new home before selling their current one. This can help avoid the stress of timing the sale and purchase perfectly, providing flexibility and convenience to homeowners. Demographics: O'Neals, a small town in California, has a population of approximately 600 residents. The town has a close-knit community feel, with a mix of families, retirees, and professionals. The median household income is around $50,000, and the town boasts a low crime rate and excellent schools. Housing Market: The housing market in O'Neals is characterized by a mix of single-family homes, ranches, and agricultural properties. The median home value is around $250,000, making it an affordable option for homebuyers. With the help of bridge loans, residents have more opportunities to move into their dream homes without the hassle of selling their current property first. Main Attractions: O'Neals offers residents and visitors the chance to explore the beautiful Sierra Nevada Mountains, with hiking, camping, and fishing opportunities abound. The town also hosts local events such as farmers' markets and festivals, providing a sense of community and belonging.
Bridge Loans in O'Neals, California
