Get Approved at The Lowest Rate
Navigating the process of buying a new home in Claremont, 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 Claremont, CA or getting it ready for the market.
Identify the new home you want to buy in Claremont, 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 Claremont, 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 Claremont, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Claremont, 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 Claremont, 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 Claremont, 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 Claremont, 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 Claremont, 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 Claremont, California offer individuals the flexibility to secure financing for a new home before selling their existing property, avoiding the need to wait for a sale to close before making a purchase. This can be especially beneficial in competitive real estate markets where quick transactions are crucial. The demographics of Claremont, California, show a diverse community with a mix of young professionals, families, and retirees. The city boasts a strong educational background with the presence of Claremont Colleges, attracting students and academics alike. In terms of the housing market, Claremont offers a blend of historic homes and modern developments, catering to a range of preferences. The market has seen steady appreciation in property values over the years, making it an attractive investment opportunity. Main attractions in Claremont include the botanic gardens, museums, and a vibrant downtown area with shops and restaurants. The city's proximity to outdoor recreational areas like the San Gabriel Mountains further enhances its appeal.
Benefits of Bridge Loans in Claremont, California
