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Navigating the process of buying a new home in Canyon Country, 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 Canyon Country, CA or getting it ready for the market.
Identify the new home you want to buy in Canyon Country, 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 Canyon Country, 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 Canyon Country, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Canyon Country, 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 Canyon Country, 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 Canyon Country, 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 Canyon Country, 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 Canyon Country, 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!
A bridge loan in Canyon Country, California, offers numerous benefits for homebuyers. It provides a short-term financing solution to bridge the gap between the purchase of a new home and the sale of the current one. This type of loan allows buyers to secure a new property without being contingent on selling their existing home, making purchasing a new home smoother. Canyon Country, California, is a vibrant community located in the Santa Clarita Valley. The area boasts a diverse population, including young professionals, families, and retirees. The city's demographics show a mix of cultures and backgrounds, creating a rich tapestry of community life. With excellent schools and amenities, Canyon Country is an ideal place for families looking to settle down. The housing market in Canyon Country, California, is dynamic and competitive. With a mix of single-family homes, townhouses, and condominiums, there is a wide range of options for homebuyers. The market has seen steady growth in property values, making it an attractive investment opportunity. Bridge loans can help buyers take advantage of favorable market conditions and secure their dream home. Some of the main attractions in Canyon Country include the beautiful Vasquez Rocks Natural Area Park, known for its unique rock formations and hiking trails. The nearby Angeles National Forest offers outdoor recreational activities such as camping, fishing, and picnicking. Additionally, the city is home to a variety of shopping centers, restaurants, and entertainment options, providing residents with a vibrant lifestyle.
The Benefits of Bridge Loans in Canyon Country, California
