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Navigating the process of buying a new home in Olympic Valley, 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 Olympic Valley, CA or getting it ready for the market.
Identify the new home you want to buy in Olympic Valley, 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 Olympic Valley, 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 Olympic Valley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Olympic Valley, 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 Olympic Valley, 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 Olympic Valley, 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 Olympic Valley, 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 Olympic Valley, 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 Olympic Valley offer quick financing solutions to bridge the gap between the purchase of a new property and the sale of an existing one. This financial tool provides flexibility and helps buyers secure their dream home without having to sell their current property first. Olympic Valley, located in Placer County, California, boasts a population that thrives on outdoor activities due to its proximity to the Sierra Nevada mountains. The area is popular for skiing, hiking, and luxury resorts, making it an ideal location for both residents and tourists. The housing market in Olympic Valley is competitive yet diverse, offering a mix of luxurious ski-in/ski-out properties and charming mountain homes. Bridge loans facilitate the acquisition of these properties by providing temporary funds until the sale of the existing property is finalized, ensuring a smooth transition for homeowners.
Benefits of Bridge Loans in Olympic Valley, California
