Get Approved at The Lowest Rate
Navigating the process of buying a new home in Redwood Valley, 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 Redwood Valley, CA or getting it ready for the market.
Identify the new home you want to buy in Redwood Valley, 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 Redwood Valley, 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 Redwood Valley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Redwood Valley, 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 Redwood Valley, 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 Redwood Valley, 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 Redwood Valley, 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 Redwood Valley, 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 Redwood Valley, California offer several benefits to homeowners. They provide quick access to funds for purchasing a new home before selling the current one, preventing the need for a contingent offer. This enables buyers to act fast in competitive markets, increasing their chances of securing their dream home. Demographically, Redwood Valley is a diverse community with a population that includes young families, professionals, and retirees. The area is known for its scenic beauty, vineyards, and proximity to outdoor recreational activities such as hiking, biking, and fishing. The housing market in Redwood Valley is characterized by a mix of single-family homes, ranch properties, and agricultural land. With the median home price below the California average, Redwood Valley offers affordable housing options compared to nearby cities like San Francisco and Oakland. Main attractions in Redwood Valley include the nearby Mendocino National Forest, Lake Mendocino, and local wineries offering tastings and tours. These attractions make Redwood Valley an appealing place to live for nature lovers and wine enthusiasts alike.
Benefits of Bridge Loans in Redwood Valley, California
