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Navigating the process of buying a new home in Palo Cedro, 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 Palo Cedro, CA or getting it ready for the market.
Identify the new home you want to buy in Palo Cedro, 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 Palo Cedro, 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 Palo Cedro, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Palo Cedro, 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 Palo Cedro, 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 Palo Cedro, 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 Palo Cedro, 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 Palo Cedro, 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!
Benefits: Bridge loans in Palo Cedro offer homeowners the flexibility to purchase a new home before selling their current one. This allows for a smoother transition and avoids the hassle of moving twice. Additionally, they provide short-term financing to bridge any financial gaps during the transition period. Demographics: Palo Cedro, California, boasts a diverse community with a mix of young families, professionals, and retirees. The population enjoys a high standard of living and excellent schools, making it an attractive place to settle down. Housing Market: The housing market in Palo Cedro is thriving, with a range of housing options available from cozy family homes to luxurious estates. Property values have been steadily increasing, making it a sound investment for homeowners. Main Attractions: Palo Cedro offers a picturesque setting with its scenic trails, parks, and outdoor recreational opportunities. Residents can enjoy the beauty of nature while being in close proximity to urban amenities.
The Benefits of Bridge Loans in Palo Cedro, California
