Get Approved at The Lowest Rate
Navigating the process of buying a new home in Calabasas, 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 Calabasas, CA or getting it ready for the market.
Identify the new home you want to buy in Calabasas, 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 Calabasas, 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 Calabasas, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas, 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 Calabasas offer a convenient solution for homeowners who need to buy a new home before selling their existing one. These loans help bridge the financial gap between the old and new property, providing flexibility and ensuring a smoother transition without the stress of timing issues. Situated in Los Angeles County, Calabasas boasts a diverse population with a median household income well above the national average. The city's demographics include a mix of professionals, families, and retirees, creating a vibrant community with excellent schools and a strong sense of community. Calabasas has a thriving real estate market characterized by high property values and a strong demand for housing. With a range of luxury homes and gated communities, the city offers attractive investment opportunities for buyers. The market is competitive, and bridge loans provide a valuable tool for securing desirable properties quickly and efficiently. Aside from its real estate appeal, Calabasas is known for its picturesque landscapes, outdoor recreational activities, and cultural amenities. The city is home to attractions like Malibu Creek State Park, The Commons at Calabasas, and historic Old Town Calabasas, offering residents and visitors a wealth of entertainment options and natural beauty.
Benefits of Bridge Loans in Calabasas, California
