Get Approved at The Lowest Rate
Navigating the process of buying a new home in Chatsworth, 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 Chatsworth, CA or getting it ready for the market.
Identify the new home you want to buy in Chatsworth, 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 Chatsworth, 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 Chatsworth, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Chatsworth, 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 Chatsworth, 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 Chatsworth, 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 Chatsworth, 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 Chatsworth, 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 offer flexibility and speed in real estate transactions, making them ideal for individuals looking to purchase a new home before selling their current one. In Chatsworth, California, this can be particularly advantageous due to the competitive housing market and desirable location. Demographically, Chatsworth is a diverse community, with a mix of young professionals, families, and retirees. The area is known for its strong sense of community, excellent schools, and access to outdoor recreational activities, making it an attractive place to live for people of all ages. The housing market in Chatsworth is dynamic, with a mix of single-family homes, townhouses, and condos available. As of recent trends, property values have been steadily increasing, making it a potentially lucrative investment opportunity. Bridge loans can help potential buyers secure properties in this competitive market. Chatsworth boasts a range of main attractions, including Chatsworth Park South, Stoney Point Park, and the Chatsworth Nature Preserve. Additionally, the area offers easy access to hiking trails, shopping centers, and dining options, providing residents with a well-rounded and vibrant lifestyle.
Benefits of Bridge Loans in Chatsworth, California
