Get Approved at The Lowest Rate
Navigating the process of buying a new home in Armona, 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 Armona, CA or getting it ready for the market.
Identify the new home you want to buy in Armona, 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 Armona, 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 Armona, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Armona, 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 Armona, 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 Armona, 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 Armona, 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 Armona, 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!
A bridge loan in Armona, California offers numerous benefits for property buyers. These short-term loans help finance the purchase of a new home before selling an existing one, providing flexibility and enabling quick transactions. Demographically, Armona is a diverse and welcoming community located in Kings County. With a population of around 4,000 residents, the town offers a mix of cultures and backgrounds, fostering a sense of inclusivity and community spirit. The housing market in Armona is dynamic and appealing to prospective buyers. The town boasts a variety of property styles, from cozy single-family homes to spacious ranch-style properties, catering to different preferences and budgets. Armona features several main attractions that add to its charm and appeal. The town is known for its beautiful parks, such as Brentlinger Park, ideal for outdoor activities and leisure. Additionally, the nearby Lemoore Naval Air Station provides a unique glimpse into military history and aviation.
Benefits of Bridge Loans in Armona, California
