Get Approved at The Lowest Rate
Navigating the process of buying a new home in Bryn Mawr, 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 Bryn Mawr, CA or getting it ready for the market.
Identify the new home you want to buy in Bryn Mawr, 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 Bryn Mawr, 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 Bryn Mawr, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Bryn Mawr, 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 Bryn Mawr, 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 Bryn Mawr, 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 Bryn Mawr, 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 Bryn Mawr, 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 Bryn Mawr, California offer a flexible financing option for homebuyers allowing them to make a smooth transition between the purchase of a new home and the sale of their existing property. These loans provide short-term funding to cover the down payment and closing costs while waiting for the sale of the current home. Demographics Bryn Mawr, California has a diverse population with a mix of families, professionals, and retirees. The town's close proximity to major cities makes it an attractive location for those looking for a suburban lifestyle with easy access to urban amenities. The community is known for its strong sense of community and family-friendly environment. Housing Market The housing market in Bryn Mawr, California is competitive with a mix of traditional single-family homes and modern condominiums. The area is seeing steady appreciation in property values, making it a solid investment for homebuyers. Bridge loans can help buyers secure their dream home quickly in this fast-paced market. Main Attractions Bryn Mawr, California offers a range of attractions including beautiful parks, hiking trails, and a vibrant downtown area with shopping and dining options. Residents also enjoy easy access to beaches, mountains, and cultural hotspots, making it a desirable place to live for those seeking an active lifestyle.
Benefits of Bridge Loans in Bryn Mawr, California
