Get Approved at The Lowest Rate
Navigating the process of buying a new home in Scott Bar, 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 Scott Bar, CA or getting it ready for the market.
Identify the new home you want to buy in Scott Bar, 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 Scott Bar, 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 Scott Bar, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Scott Bar, 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 Scott Bar, 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 Scott Bar, 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 Scott Bar, 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 Scott Bar, 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 Scott Bar, California offer a practical financial solution for homeowners who are looking to purchase a new property before selling their current one. One of the main benefits is the flexibility it provides by allowing individuals to access the equity in their existing home quickly. The demographics of Scott Bar, California, present a charming small town with a population that values a close-knit community. With a mix of young families and retirees, the town offers a peaceful and friendly environment, making it an ideal place to settle down and raise a family. The housing market in Scott Bar, California, is currently showing a steady increase in property values, making it an attractive investment opportunity. Bridge loans can help individuals take advantage of this growth by providing the necessary funds to secure a new property quickly. Scott Bar, California, boasts a range of main attractions that cater to both residents and visitors alike. From the historic Scott River to the nearby Marble Mountains, outdoor enthusiasts can enjoy hiking, fishing, and camping in the breathtaking natural surroundings of the area.
Benefits of Bridge Loans in Scott Bar, California
