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Navigating the process of buying a new home in Point Arena, 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 Point Arena, CA or getting it ready for the market.
Identify the new home you want to buy in Point Arena, 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 Point Arena, 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 Point Arena, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Point Arena, 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 Point Arena, 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 Point Arena, 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 Point Arena, 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 Point Arena, 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 offer a convenient financing option for residents of Point Arena, California, allowing them to bridge the gap between the purchase of a new home and the sale of their current one. This flexibility assists homeowners in securing their dream home without the stress of timing constraints. The demographics of Point Arena reveal a diverse community, consisting of professionals, families, and retirees. The town boasts a vibrant cultural scene with local art galleries, farmers' markets, and community events, providing a welcoming environment for individuals of all ages. In the housing market of Point Arena, California, bridge loans serve as a valuable tool for buyers looking to navigate competitive market conditions. With limited housing inventory and increasing demand, bridge loans empower residents to act quickly and secure properties in this sought-after coastal town. Main attractions in Point Arena include the picturesque Point Arena Lighthouse, offering stunning ocean views and guided tours. Additionally, visitors can explore Stornetta Public Lands, known for its scenic hiking trails and wildlife observation opportunities, making Point Arena a nature lover's paradise.
Benefits of Bridge Loans in Point Arena, California
