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Navigating the process of buying a new home in Susanville, 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 Susanville, CA or getting it ready for the market.
Identify the new home you want to buy in Susanville, 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 Susanville, 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 Susanville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Susanville, 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 Susanville, 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 Susanville, 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 Susanville, 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 Susanville, 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 Susanville offer quick access to funds, bridging the gap between selling a current property and buying a new one. This flexibility allows buyers to secure their new home without being contingent on the sale of their old one. It provides a competitive advantage in a hot real estate market by facilitating quick transactions. Demographics: Susanville, California, is a charming town with a population of around 15,000 residents. The community is diverse, with a mix of families, young professionals, and retirees. The town offers a small-town atmosphere with friendly neighborhoods and a strong sense of community. Housing Market: Susanville's housing market is competitive yet affordable compared to larger cities in California. The median home price is around $250,000, making it an attractive location for first-time homebuyers and those looking to invest in real estate. Bridge loans help potential buyers secure properties in this competitive market. Main Attractions: Susanville boasts beautiful natural landscapes, including Lassen National Forest and Eagle Lake, perfect for outdoor enthusiasts. The town also offers a historic district with charming shops and restaurants, creating a welcoming environment for residents and visitors alike.
Benefits of Bridge Loans in Susanville, California
