Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tehama, 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 Tehama, CA or getting it ready for the market.
Identify the new home you want to buy in Tehama, 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 Tehama, 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 Tehama, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tehama, 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 Tehama, 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 Tehama, 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 Tehama, 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 Tehama, 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 Tehama, California offer a convenient financing solution for homeowners looking to purchase a new property before selling their current one. These short-term loans provide quick access to funds, allowing individuals to secure their new home without having to wait for their old one to sell. Demographically, Tehama boasts a diverse population with a mix of families, young professionals, and retirees. The city's proximity to major cities like Los Angeles and San Francisco makes it an attractive location for those seeking a quieter lifestyle while still having access to urban amenities. In terms of the housing market, Tehama offers a wide range of options from historic homes to modern developments. The market is currently showing steady growth, with property values on the rise, making it a favorable location for real estate investment. Main attractions in Tehama include the picturesque Dales Lake Recreation Area, perfect for outdoor enthusiasts, and the Tehama Historic District, showcasing the city's rich history and cultural heritage. Additionally, the local dining scene offers a variety of culinary delights for residents and visitors to enjoy.
Benefits of Bridge Loans in Tehama, California
