Get Approved at The Lowest Rate
Navigating the process of buying a new home in Colton, 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 Colton, CA or getting it ready for the market.
Identify the new home you want to buy in Colton, 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 Colton, 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 Colton, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Colton, 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 Colton, 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 Colton, 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 Colton, 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 Colton, 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 Colton, California offer numerous benefits to individuals in need of short-term financing. These loans provide quick access to funds, allowing borrowers to bridge financial gaps between the purchase of a new home and the sale of their existing property. This can be particularly advantageous in competitive real estate markets where quick transactions are essential. Colton, California is a diverse community with a population that includes a mix of young professionals, families, and retirees. The city's demographics reflect a blend of cultures and lifestyles, creating a vibrant and inclusive environment for residents. The housing market in Colton, California is characterized by a range of property types, from historic homes to modern developments. With a variety of housing options available, including single-family homes, townhouses, and apartments, Colton offers something for everyone, regardless of budget or lifestyle preference. Colton, California boasts several main attractions that draw visitors and residents alike. From the scenic beauty of nearby parks and hiking trails to the rich cultural heritage on display at local museums and historic sites, Colton offers a diverse array of activities and experiences for residents to enjoy.
Bridge Loans in Colton, California
