Get Approved at The Lowest Rate
Navigating the process of buying a new home in Culver City, 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 Culver City, CA or getting it ready for the market.
Identify the new home you want to buy in Culver City, 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 Culver City, 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 Culver City, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Culver City, 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 Culver City, 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 Culver City, 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 Culver City, 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 Culver City, 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 Culver City offer quick and flexible financing options for homeowners looking to move into a new property before selling their current one. This enables seamless transitions without the need to wait for the sale of the existing home, providing convenience and peace of mind. Culver City, located in the Los Angeles County, has a diverse population with a mix of young professionals and families. The city boasts a vibrant arts scene, excellent schools, and a variety of dining options, making it an attractive place to live for individuals of all ages. The housing market in Culver City is competitive, with a strong demand for properties due to its proximity to major employment centers in Los Angeles. Property values have been steadily increasing, making it a favorable environment for homeowners looking to invest in real estate or upgrade to a larger home.
Benefits of Bridge Loans in Culver City, California
