Get Approved at The Lowest Rate
Navigating the process of buying a new home in Beverly Hills, 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 Beverly Hills, CA or getting it ready for the market.
Identify the new home you want to buy in Beverly Hills, 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 Beverly Hills, 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 Beverly Hills, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Beverly Hills, 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 Beverly Hills, 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 Beverly Hills, 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 Beverly Hills, 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 Beverly Hills, 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 Beverly Hills provide a convenient financing option for homeowners looking to move without waiting for their current home to sell. This type of loan offers quick access to funds, allowing individuals to make a down payment on a new property while still owning their existing home. Beverly Hills, California, is a prestigious and affluent city known for its high-end real estate and luxury lifestyle. The demographics of Beverly Hills skew towards a wealthy and diverse population, with a strong focus on entertainment, business, and culture. The housing market in Beverly Hills is competitive, with high property values and a stable market that attracts investors and homeowners alike. Bridge loans can help buyers navigate this competitive market by providing the financial flexibility needed to secure a new property quickly. Aside from the real estate allure, Beverly Hills offers a range of main attractions such as Rodeo Drive, Beverly Gardens Park, and the famous Beverly Hills Hotel. These attractions, coupled with the city's reputation, make Beverly Hills a desirable location for those seeking a luxurious lifestyle.
Benefits of Bridge Loans in Beverly Hills, California
