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Navigating the process of buying a new home in Paynes Creek, 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 Paynes Creek, CA or getting it ready for the market.
Identify the new home you want to buy in Paynes Creek, 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 Paynes Creek, 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 Paynes Creek, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Paynes Creek, 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 Paynes Creek, 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 Paynes Creek, 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 Paynes Creek, 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 Paynes Creek, 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 Paynes Creek, California offer a practical solution for those in need of immediate funds for a new home purchase before selling their existing property. These loans provide financial flexibility by bridging the gap between the sale of the current home and the purchase of a new one, helping individuals avoid missing out on their dream home. Demographics: Paynes Creek, California, is a small rural community with a population of around 200 residents. The area boasts a close-knit community atmosphere, ideal for those seeking a peaceful and serene living environment away from the hustle and bustle of city life. Housing Market: The housing market in Paynes Creek offers a mix of single-family homes and picturesque rural properties. With the help of bridge loans, homebuyers can take advantage of the affordable prices and low competition in the area, making it an attractive option for those looking to settle in a quiet and scenic location. Main Attractions: Paynes Creek is surrounded by stunning natural beauty, including access to Lassen Volcanic National Park, offering outdoor enthusiasts a plethora of hiking trails, camping sites, and recreational activities. Additionally, nearby attractions such as Lake Almanor and Mount Shasta provide residents with opportunities for fishing, boating, and other water-based activities.
Benefits of Bridge Loans in Paynes Creek, California
