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Navigating the process of buying a new home in Bell, 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 Bell, CA or getting it ready for the market.
Identify the new home you want to buy in Bell, 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 Bell, 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 Bell, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bell, 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 Bell, 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 Bell, 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 Bell, 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 Bell, 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 Bell, California offer numerous benefits for homeowners and homebuyers. These short-term loans provide quick access to funds for purchasing a new home before selling the current one. They help bridge the financial gap between buying a new home and selling the existing property, preventing missed opportunities in a competitive market. Demographics: Bell, California, is a vibrant city with a diverse population. The city's demographics include a mix of various races, ethnicities, and age groups, creating a rich cultural tapestry. Residents enjoy a strong sense of community and a range of amenities, making it an attractive place to live. Housing Market: Bell's housing market is dynamic and offers a mix of property types to suit different preferences. With increasing demand for housing, property values have been steadily appreciating, making it a favorable environment for real estate investments. Bridge loans can help buyers take advantage of the market conditions and secure their dream home. Main Attractions: Bell, California, boasts a variety of main attractions, including parks, recreational facilities, and cultural sites. Residents and visitors can enjoy outdoor activities, explore historical landmarks, and participate in community events that showcase the city's vibrant lifestyle.
Benefits of Bridge Loans in Bell, California
