Get Approved at The Lowest Rate
Navigating the process of buying a new home in Wallace, 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 Wallace, CA or getting it ready for the market.
Identify the new home you want to buy in Wallace, 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 Wallace, 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 Wallace, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wallace, 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 Wallace, 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 Wallace, 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 Wallace, 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 Wallace, 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 offer a valuable financial lifeline to homeowners in Wallace, California, enabling them to secure funds for a new home purchase before selling their current property. This flexibility eliminates the stress of timing the sale of one house with the purchase of another, providing peace of mind and expedited transactions. Wallace, California, a charming town with a population of approximately 4,000 residents, boasts a diverse community with a strong sense of camaraderie. Its residents enjoy a high quality of life, surrounded by picturesque landscapes and a peaceful environment that promotes well-being and harmony. The housing market in Wallace, California, is dynamic and competitive. With a mix of historic homes and modern dwellings, the real estate scene offers something for everyone. Bridge loans can give buyers a competitive edge by enabling them to make strong offers quickly, increasing their chances of securing their dream home in this desirable location. Some of the main attractions in Wallace, California, include the stunning Gold Hill Vineyard & Brewery, a popular spot for wine enthusiasts and nature lovers alike. Additionally, the picturesque Calaveras River provides opportunities for outdoor recreation, such as fishing and hiking, making it an ideal destination for those seeking an active lifestyle.
Benefits of Bridge Loans in Wallace, California
