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Navigating the process of buying a new home in Richvale, 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 Richvale, CA or getting it ready for the market.
Identify the new home you want to buy in Richvale, 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 Richvale, 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 Richvale, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Richvale, 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 Richvale, 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 Richvale, 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 Richvale, 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 Richvale, 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 Richvale, California offer a convenient solution for homeowners who are looking to purchase a new property before selling their current one. This type of loan provides short-term financing to bridge the gap between the sale of their existing home and the purchase of a new one. It allows homeowners to make a competitive offer on a new property without having to wait for their current home to sell. Richvale, California, is a small but vibrant community located in Butte County. The area boasts a diverse population, with a mix of families, young professionals, and retirees. The town has a strong sense of community and is known for its friendly residents and welcoming atmosphere. The housing market in Richvale is competitive and dynamic, with a range of housing options available to suit different preferences and budgets. From spacious single-family homes to cozy townhouses, there is something for everyone in Richvale. The real estate market in the area is stable, making it a desirable location for both buyers and sellers. Some main attractions in Richvale include the picturesque Richvale Community Park, which offers green spaces, playgrounds, and walking trails for residents to enjoy outdoor activities. Additionally, the nearby Sacramento River provides opportunities for boating, fishing, and other water-based recreational activities.
Benefits of Bridge Loans in Richvale, California
