Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tuolumne, 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 Tuolumne, CA or getting it ready for the market.
Identify the new home you want to buy in Tuolumne, 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 Tuolumne, 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 Tuolumne, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tuolumne, 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 Tuolumne, 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 Tuolumne, 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 Tuolumne, 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 Tuolumne, 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 Tuolumne, California offer a convenient financing solution for homeowners looking to transition smoothly between the sale of their current home and the purchase of a new property. These loans provide flexibility, allowing borrowers to access funds quickly without needing to wait for their existing home to sell. Tuolumne, California, is a picturesque town with a population that boasts a rich demographic mix. The town's residents are known for their strong sense of community and pride in their local area. Tuolumne offers a peaceful and welcoming environment that appeals to families, retirees, and young professionals alike. The housing market in Tuolumne, California, is characterized by a diverse range of properties, from cozy bungalows to spacious estates. With steady appreciation rates and a stable market, Tuolumne presents a promising investment opportunity for both homebuyers and property investors. The availability of bridge loans further enhances the accessibility and affordability of homeownership in the area.
Benefits of Bridge Loans in Tuolumne, California