Get Approved at The Lowest Rate
Navigating the process of buying a new home in Alhambra, 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 Alhambra, CA or getting it ready for the market.
Identify the new home you want to buy in Alhambra, 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 Alhambra, 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 Alhambra, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Alhambra, 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 Alhambra, 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 Alhambra, 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 Alhambra, 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 Alhambra, 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 Alhambra, California, offer a flexible financing solution for homebuyers, enabling them to secure a new property before selling their current one. This helps in avoiding a housing gap and streamlines the buying process. Alhambra, California, boasts a diverse demographic mix with a significant Asian American population, creating a rich cultural tapestry in the city. The community is known for its strong sense of unity and pride, making it a welcoming place for residents and visitors alike. The housing market in Alhambra is dynamic, with a mix of historic homes and modern developments. The demand for housing remains strong, driving property values up and making it an attractive investment opportunity for buyers and sellers. Some main attractions in Alhambra include the Alhambra Place Shopping Center, the historic San Gabriel Mission, and local parks like Almansor Park, offering recreational activities for residents of all ages.
Benefits of Bridge Loans in Alhambra, California
