Get Approved at The Lowest Rate
Navigating the process of buying a new home in Snelling, 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 Snelling, CA or getting it ready for the market.
Identify the new home you want to buy in Snelling, 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 Snelling, 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 Snelling, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Snelling, 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 Snelling, 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 Snelling, 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 Snelling, 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 Snelling, 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 Snelling, California offer a unique financing solution for homeowners looking to purchase a new home before selling their existing one. This type of loan provides short-term funding to bridge the gap between the purchase of a new home and the sale of the current property. It allows homeowners to make a competitive offer on a new home without being contingent on the sale of their old property. Demographics: Snelling, California, is a small rural town located in Merced County. The population is around 300 residents, offering a tight-knit community feel. The town is known for its agricultural industry, with many residents working in farming and related fields. Housing Market: The housing market in Snelling is characterized by a mix of single-family homes, ranch properties, and farmland. The median home value is affordable compared to the surrounding areas, making it an attractive option for those looking for a quieter, more rural lifestyle. Main Attractions: Some main attractions in Snelling include the Merced River, which offers opportunities for fishing and water activities. The town is also close to Yosemite National Park, making it a desirable location for outdoor enthusiasts. Additionally, Snelling is known for its historic charm, with several landmarks showcasing the town's rich history.
Benefits of Bridge Loans in Snelling, California
