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Navigating the process of buying a new home in Weldon, 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 Weldon, CA or getting it ready for the market.
Identify the new home you want to buy in Weldon, 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 Weldon, 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 Weldon, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Weldon, 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 Weldon, 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 Weldon, 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 Weldon, 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 Weldon, 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 Weldon, California offer numerous benefits to homebuyers and investors. These short-term loans provide quick access to funds for purchasing a new property while waiting for the sale of an existing one. They can bridge financial gaps, offer flexibility, and are easier to qualify for than traditional loans. Weldon, California, has a diverse demographic makeup with a mix of families, young professionals, and retirees. The town is known for its scenic beauty, outdoor recreational activities, and a tight-knit community spirit. With a mild climate and proximity to major cities, Weldon is an attractive place to live for people of all ages. The housing market in Weldon, California, is dynamic and offers a range of housing options to suit different needs and preferences. From cozy cabins to modern single-family homes, the real estate market in Weldon is competitive yet affordable. With the help of bridge loans, buyers can take advantage of the available inventory and secure their dream home quickly. Main attractions in Weldon, California, include the beautiful Lake Isabella, where residents and visitors can enjoy water sports, fishing, and picnicking. The Sequoia National Forest is also nearby, offering hiking trails, camping sites, and stunning views of the Sierra Nevada mountains. Additionally, the Kern River provides opportunities for rafting and kayaking, making Weldon a paradise for outdoor enthusiasts.
Bridge Loans in Weldon, California