Get Approved at The Lowest Rate
Navigating the process of buying a new home in Orick, 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 Orick, CA or getting it ready for the market.
Identify the new home you want to buy in Orick, 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 Orick, 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 Orick, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Orick, 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 Orick, 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 Orick, 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 Orick, 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 Orick, 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 Orick, California offer numerous benefits to homebuyers. They provide the flexibility of securing financing quickly for a new home purchase while waiting to sell your current home. This can be particularly advantageous in a competitive real estate market where quick transactions are essential. Additionally, bridge loans can help avoid contingent offers, making your offer more appealing to sellers. Demographics: Orick, California has a population of approximately 357 residents. The median age is 45 years old, and the median household income is $38,625. The town has a small-town feel with a tight-knit community and a focus on outdoor activities due to its proximity to Redwood National and State Parks. Housing Market: Orick's housing market is characterized by a mix of single-family homes and rural properties. The median home value is $217,500, making it an affordable option for buyers seeking a more peaceful lifestyle. With the help of bridge loans, buyers can access funds quickly to take advantage of the available properties in this picturesque location. Main Attractions: Orick is known for its stunning natural beauty, with attractions such as the Lady Bird Johnson Grove Trail, Fern Canyon, and Prairie Creek Redwoods State Park. These outdoor destinations offer residents and visitors alike opportunities for hiking, wildlife spotting, and connecting with nature.
Benefits of Bridge Loans in Orick, California
