Get Approved at The Lowest Rate
Navigating the process of buying a new home in Anaheim, 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 Anaheim, CA or getting it ready for the market.
Identify the new home you want to buy in Anaheim, 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 Anaheim, 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 Anaheim, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Anaheim, 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 Anaheim, 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 Anaheim, 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 Anaheim, 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 Anaheim, 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 flexible financing option for homeowners in Anaheim seeking to buy a new property before selling their current home. This type of loan can bridge the gap between selling and buying, providing quick access to funds for a down payment without the pressure of a tight timeline. It can also offer competitive interest rates and customizable repayment terms, making it an attractive option for those in need of short-term financing. Anaheim, California, is a diverse city with a rich cultural tapestry. The city has a population of approximately 350,000 residents, with a median household income of $63,200. The demographics include a mix of Hispanic, White, Asian, and other ethnic groups, making it a vibrant and inclusive community to live in. The housing market in Anaheim is dynamic, with a range of housing options available to prospective buyers. The median home value in Anaheim is around $640,000, and the market has seen steady appreciation in recent years. Bridge loans can provide buyers with the flexibility to act quickly in a competitive market, giving them an edge in securing their desired property. While in Anaheim, residents and visitors can explore a variety of attractions, including the iconic Disneyland Resort, Angel Stadium, and the Anaheim Packing District. With a thriving arts and entertainment scene, delicious dining options, and beautiful parks, Anaheim offers a high quality of life for its residents.
The Benefits of Bridge Loans in Anaheim, California
