Get Approved at The Lowest Rate
Navigating the process of buying a new home in Edison, 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 Edison, CA or getting it ready for the market.
Identify the new home you want to buy in Edison, 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 Edison, 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 Edison, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Edison, 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 Edison, 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 Edison, 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 Edison, 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 Edison, 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 Edison, California offer a valuable financing solution for individuals looking to purchase a new home before selling their existing property. One key benefit is the ability to secure funds quickly, allowing for a seamless transition between homes without the need to wait for the sale of the current property. Demographically, Edison, California is a diverse and vibrant community with a mix of residents from various backgrounds. The population is composed of young families, working professionals, and retirees, creating a dynamic and inclusive atmosphere within the city. In terms of the housing market, Edison, California boasts a competitive real estate landscape with a range of housing options to suit different preferences and budgets. The market has shown steady growth in recent years, making it an attractive location for both buyers and sellers looking to make a move. Some of the main attractions in Edison, California include beautiful parks, cultural landmarks, and a thriving culinary scene. Residents and visitors alike can enjoy outdoor activities, community events, and a rich tapestry of dining options that showcase the diversity of the city.
Benefits of Bridge Loans in Edison, California
