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Navigating the process of buying a new home in Rumsey, 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 Rumsey, CA or getting it ready for the market.
Identify the new home you want to buy in Rumsey, 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 Rumsey, 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 Rumsey, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rumsey, 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 Rumsey, 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 Rumsey, 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 Rumsey, 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 Rumsey, 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 swift financing solutions, ideal for homeowners needing funds to purchase a new home before selling their current one. In Rumsey, these loans provide flexibility, allowing residents to avoid contingent offers and secure their dream home without delay. Demographics: Rumsey, located in Yolo County, has a population of approximately 200 residents. The area is known for its tight-knit community feel, with a mix of families and retirees enjoying the peaceful rural setting. Housing Market: Rumsey’s housing market is competitive, with a median home price of $550,000. Bridge loans can give buyers a competitive edge by providing quick access to funds needed to make strong offers in this fast-paced market. Main Attractions: Rumsey offers a diverse range of attractions, including Cache Creek Casino Resort for entertainment, Rumsey Park for outdoor activities, and wine tasting tours at local vineyards like Capay Valley Vineyards.
Benefits of Bridge Loans in Rumsey, California
