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Navigating the process of buying a new home in Shasta, 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 Shasta, CA or getting it ready for the market.
Identify the new home you want to buy in Shasta, 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 Shasta, 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 Shasta, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Shasta, 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 Shasta, 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 Shasta, 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 Shasta, 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 Shasta, 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 Shasta, California offer numerous benefits for homeowners. They provide short-term financing that allows individuals to bridge the gap between the purchase of a new home and the sale of their current property. This flexibility can be invaluable, especially in a competitive real estate market. Shasta, California has a diverse demographic profile, with a mix of families, young professionals, and retirees. The city boasts a strong sense of community and is known for its outdoor recreational opportunities, attracting individuals who appreciate a healthy and active lifestyle. In terms of the housing market, Shasta, California has seen steady growth in property values in recent years. The demand for homes in the area is high, making it a seller's market. Bridge loans can help homeowners take advantage of this favorable market condition by enabling them to make quick offers on new properties. Some of the main attractions in Shasta, California include the Shasta Dam, which offers tours and stunning views of Shasta Lake. Outdoor enthusiasts can enjoy hiking and fishing in the nearby Shasta-Trinity National Forest, while history buffs can explore the Shasta State Historic Park.
Bridge Loans Benefits in Shasta, California
