Get Approved at The Lowest Rate
Navigating the process of buying a new home in Orangevale, 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 Orangevale, CA or getting it ready for the market.
Identify the new home you want to buy in Orangevale, 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 Orangevale, 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 Orangevale, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Orangevale, 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 Orangevale, 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 Orangevale, 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 Orangevale, 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 Orangevale, 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 Orangevale, California offer a flexible financing option for homebuyers. These loans help bridge the gap between the purchase of a new home and the sale of the current property. They provide quick access to funds, allowing buyers to secure their new home without waiting for their existing home to sell. Demographically, Orangevale is a vibrant community in Sacramento County with a mix of suburban and rural areas. The population is diverse, with a mix of families, young professionals, and retirees. The area boasts top-rated schools, parks, and a strong sense of community. Orangevale's housing market is competitive, with a median home value higher than the national average. Bridge loans can give buyers an edge in this competitive market by enabling them to make strong offers with a quick closing timeline. Additionally, with rising property values in the area, bridge loans provide an opportunity for homeowners to upgrade to a new property before selling their current home. Some of the main attractions in Orangevale include the historic Old Town, the beautiful Lake Natoma, and the popular Orangevale Community Center. Residents enjoy outdoor activities such as hiking, biking, and kayaking, as well as shopping and dining options in the charming downtown area.
Benefits of Bridge Loans in Orangevale, California
