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Navigating the process of buying a new home in Seeley, 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 Seeley, CA or getting it ready for the market.
Identify the new home you want to buy in Seeley, 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 Seeley, 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 Seeley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Seeley, 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 Seeley, 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 Seeley, 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 Seeley, 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 Seeley, 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 a convenient and flexible financing solution for homeowners in Seeley, California. These short-term loans provide quick access to funds to bridge the gap between the purchase of a new home and the sale of an existing property. By using a bridge loan, homeowners can avoid the stress of timing the sale of their current home with the purchase of a new one. Demographically, Seeley is a small, close-knit community located in Imperial County, California. With a population of around 1,823 residents, Seeley offers a peaceful and rural living environment. The community is diverse, with a mix of ages and backgrounds, creating a vibrant and welcoming atmosphere for both families and individuals. In terms of the housing market, Seeley boasts a range of property options, from charming single-family homes to spacious ranch-style properties. The real estate market in Seeley is relatively stable, with a steady demand for homes. The median home value in Seeley is $167,700, making it an affordable option for homebuyers looking to invest in a tranquil and friendly community.
Benefits of Bridge Loans in Seeley, California