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Navigating the process of buying a new home in Diamond Bar, 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 Diamond Bar, CA or getting it ready for the market.
Identify the new home you want to buy in Diamond Bar, 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 Diamond Bar, 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 Diamond Bar, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Diamond Bar, 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 Diamond Bar, 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 Diamond Bar, 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 Diamond Bar, 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 Diamond Bar, 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 Diamond Bar offer a convenient financing solution for homeowners looking to buy a new property before selling their existing one. This type of loan provides quick access to funds that can be crucial in competitive real estate markets, allowing buyers to make strong offers without contingencies. Diamond Bar, California, is a diverse and affluent community located in eastern Los Angeles County. The city boasts a mix of residential neighborhoods, commercial centers, and recreational areas. With a population that includes a blend of young professionals, families, and retirees, Diamond Bar offers a vibrant and welcoming environment. The housing market in Diamond Bar is characterized by a range of properties, from single-family homes to luxury estates. Bridge loans can help buyers capitalize on the opportunities available in this competitive market. With steady appreciation rates and a relatively low inventory, Diamond Bar presents a stable investment option for potential homeowners. Notable attractions in Diamond Bar include the Diamond Bar Center, a popular venue for events and gatherings, and the Diamond Bar Golf Course, a well-maintained facility offering scenic views and recreational opportunities. The city's parks, shopping centers, and dining options provide residents with a diverse array of activities to enjoy.
Benefits of Bridge Loans in Diamond Bar, California
