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Navigating the process of buying a new home in Woody, 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 Woody, CA or getting it ready for the market.
Identify the new home you want to buy in Woody, 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 Woody, 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 Woody, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Woody, 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 Woody, 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 Woody, 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 Woody, 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 Woody, 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 Benefits: Bridge loans offer a quick financing solution for homeowners in Woody, California, enabling them to bridge the gap between the purchase of a new home and the sale of their current one. This allows for a smoother transition without the need to wait for the old home to sell. Demographics: Woody, California, is a diverse community with a population that includes young families, professionals, and retirees. The town boasts a strong sense of community and a range of amenities that cater to people of all ages and backgrounds. Housing Market: The housing market in Woody, California, is competitive yet diverse, offering a mix of single-family homes, townhouses, and apartments. Property values have been steadily appreciating, making it an attractive location for both homebuyers and investors. Main Attractions: Some of the main attractions in Woody, California, include beautiful parks, hiking trails, and outdoor recreational activities. The town also hosts cultural events, farmers' markets, and local shops that contribute to its vibrant community atmosphere.
Benefits of Bridge Loans in Woody, California