Get Approved at The Lowest Rate
Navigating the process of buying a new home in Camarillo, 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 Camarillo, CA or getting it ready for the market.
Identify the new home you want to buy in Camarillo, 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 Camarillo, 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 Camarillo, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Camarillo, 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 Camarillo, 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 Camarillo, 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 Camarillo, 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 Camarillo, 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 provide quick financing for homeowners in Camarillo, offering flexibility during transitional periods. These short-term loans help cover the down payment on a new home while waiting for the sale of the old one, preventing missed opportunities. Camrillo, California, boasts a diverse demographic mix with a population of over 68,000. The city attracts families, young professionals, and retirees alike, creating a vibrant community. The median household income is above the national average, emphasizing economic stability. The housing market in Camarillo is thriving, with a range of options from modern apartments to spacious single-family homes. The real estate market offers investment opportunities with increasing property values, making it an attractive location for buyers and sellers. Main attractions in Camarillo include the Camarillo Ranch, a historic site dating back to the 1800s, offering cultural and educational experiences. The city is also known for its premium outlets, providing a shopping paradise for residents and visitors alike.
The Benefits of Bridge Loans in Camarillo, California
