Get Approved at The Lowest Rate
Navigating the process of buying a new home in Weott, 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 Weott, CA or getting it ready for the market.
Identify the new home you want to buy in Weott, 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 Weott, 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 Weott, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Weott, 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 Weott, 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 Weott, 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 Weott, 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 Weott, 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 Weott, California offer numerous benefits to homebuyers and investors alike. These short-term loans provide the necessary funds to bridge the gap between the purchase of a new property and the sale of an existing one. One of the main advantages is the quick access to capital, allowing individuals to secure their dream home without delays. Weott, California, is a small town with a population of around 288 residents. The town offers a close-knit community feel, making it an ideal place for families and individuals looking for a peaceful and serene environment. Demographically, Weott has a mix of age groups, with a median household income of $41,667. The housing market in Weott, California, is stable yet competitive. The median home value in the area is $278,200, making it an attractive location for first-time homebuyers and investors. The market has seen steady growth in recent years, indicating a promising investment opportunity for those looking to purchase property in the area. While Weott may be a small town, it boasts several main attractions that draw visitors and residents alike. Humboldt Redwoods State Park, located nearby, offers stunning redwood groves and hiking trails. The Avenue of the Giants is another popular tourist destination, featuring a scenic drive through towering redwoods.
The Benefits of Bridge Loans in Weott, California