Get Approved at The Lowest Rate
Navigating the process of buying a new home in Capistrano Beach, 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 Capistrano Beach, CA or getting it ready for the market.
Identify the new home you want to buy in Capistrano Beach, 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 Capistrano Beach, 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 Capistrano Beach, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Capistrano Beach, 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 Capistrano Beach, 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 Capistrano Beach, 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 Capistrano Beach, 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 Capistrano Beach, 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 Capistrano Beach offer borrowers the flexibility to secure short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one. This can be particularly advantageous in a competitive real estate market, allowing individuals to act quickly on new opportunities without being financially constrained by their current property. Capistrano Beach, located in Orange County, is known for its picturesque coastal views, vibrant community, and a range of housing options. The area boasts a diverse population, with a mix of young professionals, families, and retirees. The median household income is above the national average, making it an attractive location for those seeking a higher standard of living. The housing market in Capistrano Beach is characterized by a mix of luxury homes, beachfront properties, and suburban neighborhoods. While property prices are relatively high, the market remains competitive due to the area's desirability. Bridge loans can provide buyers with the financial leverage needed to secure their dream home in this coveted location. Some main attractions in Capistrano Beach include the historic Mission San Juan Capistrano, where visitors can explore California's rich history, and the stunning Capistrano Beach Park, perfect for enjoying a day by the ocean. The area also offers a variety of dining options, shopping opportunities, and outdoor activities.
Benefits of Bridge Loans in Capistrano Beach, California
