Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rio Dell, 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 Rio Dell, CA or getting it ready for the market.
Identify the new home you want to buy in Rio Dell, 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 Rio Dell, 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 Rio Dell, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rio Dell, 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 Rio Dell, 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 Rio Dell, 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 Rio Dell, 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 Rio Dell, 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 quick access to funds, allowing buyers to secure a new home before selling their existing property. In Rio Dell, this is particularly beneficial as the housing market moves quickly, ensuring you don't miss out on your dream home. Rio Dell, a small city in Humboldt County, has a population of approximately 3,300 residents. The demographics are diverse, with a mix of age groups and a strong sense of community. The city is known for its friendly atmosphere and welcoming residents. The housing market in Rio Dell is competitive yet affordable compared to nearby areas in California. The median home price is around $250,000, making it an attractive option for first-time buyers and those looking for a peaceful retreat. Bridge loans can help buyers navigate this market with ease. Main attractions in Rio Dell include the picturesque Eel River, ideal for fishing and kayaking. The city also boasts scenic parks, local eateries, and a vibrant arts scene. Residents enjoy a relaxed pace of life while still having access to essential amenities.
Benefits of Bridge Loans in Rio Dell, California
