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Navigating the process of buying a new home in Corona, 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 Corona, CA or getting it ready for the market.
Identify the new home you want to buy in Corona, 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 Corona, 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 Corona, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Corona, 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 Corona, 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 Corona, 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 Corona, 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 Corona, 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!
Benefits of Bridge Loans: Bridge loans in Corona provide immediate access to funds for buying a new home before selling your current one, helping avoid delays and allowing for quick transactions. Demographics: Corona, California, has a diverse population with a mix of families, young professionals, and retirees. The city's median household income is above the national average, making it an attractive place for potential homeowners. Housing Market: The housing market in Corona is robust, with a variety of housing options available, from single-family homes to luxury properties. Prices have been steadily increasing, making it a desirable location for real estate investment. Main Attractions: Corona offers a range of attractions, including the scenic Santa Ana River, hiking trails in the nearby Cleveland National Forest, and popular shopping and dining destinations at The Crossings at South Corona.
Bridge Loans in Corona, California
