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Navigating the process of buying a new home in Witter Springs, 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 Witter Springs, CA or getting it ready for the market.
Identify the new home you want to buy in Witter Springs, 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 Witter Springs, 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 Witter Springs, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Witter Springs, 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 Witter Springs, 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 Witter Springs, 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 Witter Springs, 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 Witter Springs, 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!
Benefits of Bridge Loans: Bridge loans provide short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. In Witter Springs, this type of financing can help buyers secure their dream home without waiting for their old property to sell. Demographics: Witter Springs, California, is a small community located in Lake County. The population is diverse, with a mix of families, retirees, and young professionals. The area offers a peaceful and close-knit environment, making it an ideal place for those seeking a quiet and friendly neighborhood. Housing Market: The housing market in Witter Springs is known for its scenic views and serene surroundings. While the market remains stable, there is a demand for different types of properties, from cozy cottages to modern homes. Bridge loans can be advantageous in this market to facilitate seamless property transactions. Main Attractions: Witter Springs is close to Clear Lake, the largest natural freshwater lake in California, offering opportunities for fishing, boating, and other water activities. The area is also known for its vineyards and wineries, making it a popular destination for wine enthusiasts. The serene landscapes and outdoor recreational activities add to the charm of Witter Springs.
Bridge Loans in Witter Springs, California
