Get Approved at The Lowest Rate
Navigating the process of buying a new home in California City, 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 California City, CA or getting it ready for the market.
Identify the new home you want to buy in California City, 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 California City, 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 California City, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in California City, 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 California City, 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 California City, 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 California City, 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 California City, 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 California City provide a quick and convenient financing option for homebuyers, allowing them to bridge the gap between the purchase of a new home and the sale of their existing one. This can help avoid delays and secure the desired property without having to deal with contingencies. Demographically, California City is a diverse community located in Kern County, with a population of approximately 14,000 residents. The city boasts a mix of young professionals, families, and retirees, creating a vibrant and dynamic social environment. In terms of the housing market, California City offers a range of properties, from affordable starter homes to luxurious estates. The market is stable, with moderate appreciation rates, making it an attractive option for both buyers and sellers looking for a balanced real estate environment. Main attractions in California City include the Red Rock Canyon State Park, a stunning natural area with unique rock formations and hiking trails. The California City Central Park is another popular spot for recreational activities, family gatherings, and community events, adding to the city's appeal and quality of life.
Benefits of Bridge Loans in California City
