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Navigating the process of buying a new home in Tollhouse, 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 Tollhouse, CA or getting it ready for the market.
Identify the new home you want to buy in Tollhouse, 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 Tollhouse, 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 Tollhouse, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tollhouse, 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 Tollhouse, 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 Tollhouse, 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 Tollhouse, 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 Tollhouse, 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 Tollhouse, California offer a valuable solution for homeowners looking to purchase a new home before selling their current one. These loans provide quick access to funds, bridging the financial gap during the transition period. Demographics: Tollhouse, located in Fresno County, has a population of approximately 800 residents. The area is known for its rural charm, with a mix of families and retirees enjoying the peaceful surroundings. Housing Market: The housing market in Tollhouse is diverse, offering a range of properties from cozy cabins to spacious ranch-style homes. Bridge loans can help buyers secure their dream home quickly in this competitive market. Main Attractions: Tollhouse is surrounded by the stunning Sierra Nevada mountains, providing residents with access to hiking, fishing, and other outdoor activities. The nearby Kings Canyon and Sequoia National Parks are also popular destinations for nature lovers.
Benefits of Bridge Loans in Tollhouse, California