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Navigating the process of buying a new home in Orange Cove, 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 Orange Cove, CA or getting it ready for the market.
Identify the new home you want to buy in Orange Cove, 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 Orange Cove, 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 Orange Cove, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Orange Cove, 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 Orange Cove, 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 Orange Cove, 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 Orange Cove, 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 Orange Cove, 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 Orange Cove, California offer numerous advantages to both buyers and sellers. These short-term loans provide quick access to funds, allowing buyers to secure a new property while waiting for their current one to sell. This can help avoid the stress of timing constraints and bridge any financial gaps. Demographics of Orange Cove show a diverse community with a population that is predominantly Hispanic. The city has a tight-knit feel with a mix of families and young professionals. The cost of living is lower compared to nearby cities, making it an attractive option for those looking for affordable housing. The housing market in Orange Cove is experiencing steady growth, with an increase in property values over the past few years. Bridge loans play a crucial role in this competitive market by providing flexibility to buyers who wish to capitalize on investment opportunities or upgrade to a larger home. Main attractions in Orange Cove include the beautiful Sierra Nevada Mountains, offering residents and visitors a range of outdoor activities such as hiking, fishing, and camping. The city's close proximity to national parks like Sequoia and Kings Canyon further adds to its appeal, making it a desirable location for nature enthusiasts.
Benefits of Bridge Loans
