Get Approved at The Lowest Rate
Navigating the process of buying a new home in Raymond, 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 Raymond, CA or getting it ready for the market.
Identify the new home you want to buy in Raymond, 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 Raymond, 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 Raymond, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Raymond, 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 Raymond, 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 Raymond, 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 Raymond, 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 Raymond, 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 valuable financial solution for individuals looking to purchase a new home before selling their current one. In Raymond, California, these short-term loans can provide the necessary funds to facilitate a smooth transition between properties, avoiding the complexities of contingency offers and allowing buyers to act quickly. Demographically, Raymond is a small, tight-knit community nestled in the Sierra Nevada foothills. With a population of approximately 800 residents, this picturesque town offers a tranquil and close-knit environment for families and retirees alike. The area boasts a rich history, with many long-time residents contributing to its vibrant community spirit. The housing market in Raymond presents a mix of single-family homes, ranch properties, and scenic land parcels. As of recent data, the market has shown stability with moderate price appreciation. Bridge loans can be particularly advantageous in this market, offering buyers flexibility and a competitive edge in securing their desired properties. Some main attractions in Raymond and its surrounding areas include the nearby Sierra National Forest, providing outdoor enthusiasts with ample opportunities for hiking, fishing, and camping. Additionally, the Madera Wine Trail offers a taste of local wineries and vineyards, contributing to the region's cultural and gastronomic appeal.
The Benefits of Bridge Loans in Raymond, California
