Get Approved at The Lowest Rate
Navigating the process of buying a new home in Upper Lake, 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 Upper Lake, CA or getting it ready for the market.
Identify the new home you want to buy in Upper Lake, 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 Upper Lake, 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 Upper Lake, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Upper Lake, 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 Upper Lake, 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 Upper Lake, 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 Upper Lake, 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 Upper Lake, 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 Upper Lake, California offer a quick and convenient financing solution for those looking to move without having to sell their current home first. This allows for a seamless transition without the stress of timing the sale and purchase of homes. Upper Lake, California, has a diverse population comprising families, retirees, and professionals. The area offers a peaceful environment with access to outdoor activities like fishing, hiking, and boating on Clear Lake, making it an ideal place for nature lovers and outdoor enthusiasts. The housing market in Upper Lake, California, is competitive with a mix of traditional single-family homes and waterfront properties. Bridge loans can provide leverage in a competitive market, allowing buyers to make strong offers without being contingent on the sale of their existing home. Main attractions in Upper Lake include Upper Lake Main Street, where you can find local shops and restaurants, and Upper Lake itself, a popular spot for water sports and relaxation. The area's proximity to vineyards and wineries also makes it a desirable location for wine enthusiasts.
Benefits of Bridge Loans in Upper Lake, California
