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Navigating the process of buying a new home in Fontana, 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 Fontana, CA or getting it ready for the market.
Identify the new home you want to buy in Fontana, 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 Fontana, 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 Fontana, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Fontana, 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 Fontana, 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 Fontana, 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 Fontana, 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 Fontana, 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 Fontana, California offer quick financing solutions for those looking to purchase a new home before selling their existing one. These loans provide temporary funds to bridge the gap between these transactions, allowing buyers to secure their dream home without the stress of timing issues. Demographics: Fontana, California, is a diverse city with a population of over 200,000 residents. The city boasts a mix of cultures, creating a vibrant community that celebrates its rich heritage through various events and festivals. Housing Market: The housing market in Fontana is competitive, with a mix of single-family homes and condominiums. The median home price in Fontana is around $400,000, making it an attractive option for both first-time buyers and investors looking to capitalize on the growing real estate market. Main Attractions: Fontana offers a range of attractions, including the Auto Club Speedway, a popular motorsports venue, and the Fontana Park, which provides recreational activities for residents of all ages. The city is also known for its beautiful parks and nature reserves, making it an ideal place for outdoor enthusiasts.
Bridge Loans in Fontana, California
