Get Approved at The Lowest Rate
Navigating the process of buying a new home in Carlsbad, 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 Carlsbad, CA or getting it ready for the market.
Identify the new home you want to buy in Carlsbad, 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 Carlsbad, 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 Carlsbad, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Carlsbad, 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 Carlsbad, 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 Carlsbad, 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 Carlsbad, 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 Carlsbad, 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 Carlsbad, California offer flexibility for homebuyers. These short-term loans help bridge the gap between the purchase of a new home and the sale of the current one. They provide quick access to funds, allowing buyers to make competitive offers and secure the new property without being contingent on selling their existing home. Carlsbad, California, located in San Diego County, is a vibrant coastal city with a population of approximately 115,000. The city boasts a diverse community with a mix of young professionals, families, and retirees. Known for its excellent schools, beautiful beaches, and thriving culinary scene, Carlsbad offers a high quality of life for residents of all ages. The housing market in Carlsbad is competitive yet diverse. With a range of housing options including beachfront properties, family-friendly neighborhoods, and luxurious estates, there is something for every buyer. The market has seen steady appreciation in home values, making it a desirable location for both primary residences and investment properties.
Bridge Loans Benefits in Carlsbad, California
