Get Approved at The Lowest Rate
Navigating the process of buying a new home in Buena Park, 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 Buena Park, CA or getting it ready for the market.
Identify the new home you want to buy in Buena Park, 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 Buena Park, 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 Buena Park, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Buena Park, 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 Buena Park, 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 Buena Park, 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 Buena Park, 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 Buena Park, 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 Buena Park, California offer a flexible financing option for homeowners looking to bridge the gap between the purchase of a new home and the sale of their existing one. These short-term loans provide quick access to funds, allowing buyers to move quickly in competitive real estate markets. Buena Park, located in Orange County, has a diverse population with a mix of families, young professionals, and retirees. The city offers a range of amenities including parks, shopping centers, and restaurants, making it an attractive place to live for people of all ages and backgrounds. The housing market in Buena Park is competitive, with a mix of single-family homes, townhouses, and apartments. Prices have been on the rise, making it a seller's market in recent years. Bridge loans can give buyers a competitive edge by providing the necessary funds to secure a new property while waiting to sell their current home.
Benefits of Bridge Loans in Buena Park, California
