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Navigating the process of buying a new home in City Of Industry, 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 City Of Industry, CA or getting it ready for the market.
Identify the new home you want to buy in City Of Industry, 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 City Of Industry, 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 City Of Industry, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in City Of Industry, 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 City Of Industry, 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 City Of Industry, 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 City Of Industry, 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 City Of Industry, 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 City of Industry, California, can provide individuals with a short-term financing solution during a real estate transaction. This type of loan is beneficial for those looking to purchase a new property before selling their existing one, offering flexibility and quick access to funds. City of Industry, California, is a diverse area with a population that is largely composed of working professionals in various industries. The city boasts a strong economy with a focus on manufacturing, distribution, and commerce, making it an attractive location for businesses and residents alike. The housing market in City of Industry is dynamic, with a mix of residential properties ranging from single-family homes to apartments and condos. The market offers opportunities for buyers, sellers, and investors, with competitive prices and a range of options to suit different needs and budgets. Main attractions in City of Industry include the Pacific Palms Resort, which features golf courses, dining options, and event spaces, as well as the Puente Hills Mall for shopping and entertainment. Outdoor enthusiasts can enjoy hiking trails in nearby parks like Schabarum Regional Park.
Benefits of Bridge Loans in City Of Industry, California
