Get Approved at The Lowest Rate
Navigating the process of buying a new home in Adelanto, 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 Adelanto, CA or getting it ready for the market.
Identify the new home you want to buy in Adelanto, 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 Adelanto, 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 Adelanto, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Adelanto, 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 Adelanto, 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 Adelanto, 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 Adelanto, 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 Adelanto, 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 offer a convenient financing option that allows homeowners in Adelanto, California to purchase a new home before selling their current one. This can help avoid the stress of coordinating closing dates and potentially missing out on the perfect property. Demographically, Adelanto is a diverse city in Southern California with a population of around 34,000 residents. The city has a mix of young families, retirees, and professionals, creating a vibrant community atmosphere. In terms of the housing market, Adelanto offers a range of affordable housing options, making it an attractive destination for first-time buyers and investors. The median home price is $275,000, making it an affordable option compared to other areas in California. Main attractions in Adelanto include the Adelanto Stadium, home to the High Desert Mavericks baseball team, and the El Mirage Dry Lake, a popular spot for off-road enthusiasts. The city also offers easy access to outdoor activities like hiking and camping in the nearby mountains.
Benefits of Bridge Loans in Adelanto, California
