Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bell Gardens, 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 Gardens, CA or getting it ready for the market.
Identify the new home you want to buy in Bell Gardens, 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 Gardens, 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 Gardens, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bell Gardens, 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 Gardens, 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 Gardens, 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 Gardens, 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 Gardens, 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 Gardens offer a convenient solution for homeowners who need quick financing before selling their existing property. These short-term loans bridge the gap between the sale of the current home and the purchase of a new one, helping borrowers secure their dream homes without the stress of timing constraints. Bell Gardens, California, is a diverse community located in Los Angeles County. With a population of approximately 42,000 residents, the city boasts a rich cultural heritage and a strong sense of community. The majority of residents are Hispanic, creating a vibrant and inclusive atmosphere. The housing market in Bell Gardens is dynamic, with a mix of single-family homes, townhouses, and apartments. The median home value in the city is around $400,000, making it an affordable option for many buyers. Bridge loans provide flexibility for buyers to access funds quickly and competitively in this evolving real estate market. Some of the main attractions in Bell Gardens include the Bell Gardens Sports Center, where residents can enjoy various recreational activities, and the Bicycle Casino, a popular destination for gaming enthusiasts. The city also offers diverse dining options, shopping centers, and parks for all to enjoy.
Benefits of Bridge Loans in Bell Gardens, California
