Get Approved at The Lowest Rate
Navigating the process of buying a new home in Olancha, 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 Olancha, CA or getting it ready for the market.
Identify the new home you want to buy in Olancha, 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 Olancha, 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 Olancha, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Olancha, 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 Olancha, 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 Olancha, 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 Olancha, 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 Olancha, 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 Olancha provide quick access to funds for homebuyers needing to bridge the gap between buying a new home and selling their existing one. These loans offer flexibility in timing, allowing homeowners to secure a new property before selling their current one. Olancha, California is a small town with a population of approximately 192 residents. The area boasts a diverse community with a median household income of $40,875. The town's rural charm and serene environment make it an ideal location for those seeking a peaceful lifestyle. The housing market in Olancha is characterized by a mix of single-family homes and vacant land for sale. With a median home value of $165,000, the market offers affordable options for both buyers and investors. Bridge loans can facilitate the process of purchasing property in this area, particularly for individuals seeking to capitalize on the market's potential for growth. Olancha is surrounded by stunning natural landscapes, including the nearby Inyo National Forest and the Owens River. Outdoor enthusiasts can enjoy hiking, fishing, and camping in these scenic locations. Additionally, attractions such as the Olancha Dunes provide opportunities for recreational activities, making it an appealing destination for nature lovers and adventure seekers.
Benefits of Bridge Loans in Olancha, California
