Get Approved at The Lowest Rate
Navigating the process of buying a new home in Wendel, 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 Wendel, CA or getting it ready for the market.
Identify the new home you want to buy in Wendel, 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 Wendel, 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 Wendel, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Wendel, 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 Wendel, 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 Wendel, 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 Wendel, 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 Wendel, 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 Wendel, California offer numerous benefits to homebuyers. They provide a short-term financing option that allows individuals to bridge the gap between the purchase of a new home and the sale of their existing property. This can be particularly advantageous in a competitive real estate market where quick decisions and fast financing are essential. Wendel, California, located in Lassen County, has a population of approximately 500 residents. The small, close-knit community offers a peaceful and rural lifestyle, making it an ideal place for those looking to escape the hustle and bustle of city living. With its picturesque surroundings and friendly atmosphere, Wendel provides a welcoming environment for families and retirees alike. The housing market in Wendel, California, is characterized by a mix of single-family homes, ranch properties, and vacant land. Prices are relatively affordable compared to urban areas in California, making it an attractive option for first-time homebuyers and those looking to invest in real estate. Bridge loans can help facilitate the purchase of property in Wendel by providing the necessary funds to secure a home quickly. While Wendel may be a small community, it offers a range of attractions for residents and visitors to enjoy. Outdoor enthusiasts will appreciate the nearby opportunities for hiking, fishing, and camping in the surrounding natural areas. Additionally, the town's historical sites and local events provide a glimpse into the area's rich heritage and culture.
Benefits of Bridge Loans in Wendel, California
