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Navigating the process of buying a new home in Chino Hills, 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 Chino Hills, CA or getting it ready for the market.
Identify the new home you want to buy in Chino Hills, 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 Chino Hills, 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 Chino Hills, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Chino Hills, 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 Chino Hills, 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 Chino Hills, 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 Chino Hills, 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 Chino Hills, 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 Chino Hills offer a convenient way for residents to buy a new home before selling their current one. This type of financing provides flexibility and quick access to funds, allowing individuals to secure their dream home without waiting for their existing property to sell. Demographics: Chino Hills is a diverse city in California, with a growing population that includes young families, professionals, and retirees. The community is known for its good schools, safe neighborhoods, and vibrant cultural scene. Housing Market: Chino Hills has a competitive housing market with a mix of single-family homes, townhouses, and condos. The real estate prices have been steadily increasing, making it a lucrative investment for homebuyers. Bridge loans can help buyers navigate the fast-paced market and secure desirable properties. Main Attractions: Chino Hills State Park is a popular destination for outdoor enthusiasts, offering hiking trails, picnic areas, and scenic views. The city also boasts shopping centers, restaurants, and community events that cater to residents of all ages.
Benefits of Bridge Loans in Chino Hills, California
