Get Approved at The Lowest Rate
Navigating the process of buying a new home in Foothill Ranch, 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 Foothill Ranch, CA or getting it ready for the market.
Identify the new home you want to buy in Foothill Ranch, 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 Foothill Ranch, 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 Foothill Ranch, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Foothill Ranch, 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 Foothill Ranch, 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 Foothill Ranch, 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 Foothill Ranch, 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 Foothill Ranch, 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 Foothill Ranch, California offer numerous advantages to homeowners and property investors. They provide quick financing solutions that bridge the gap between the purchase of a new property and the sale of an existing one. This allows borrowers to secure their dream home without being contingent on the sale of their current property. Foothill Ranch, located in Orange County, California, is a vibrant community with a diverse population. The area boasts a mix of young professionals, families, and retirees, creating a dynamic and welcoming atmosphere. The median household income in Foothill Ranch is above the national average, making it an attractive location for individuals and families looking for stability and growth. The housing market in Foothill Ranch is competitive yet diverse, offering a range of housing options from single-family homes to luxury estates. With a steady demand for properties, the market consistently shows appreciation in home values. Bridge loans provide buyers with the flexibility to act quickly in this competitive market, giving them an edge over other buyers. Some main attractions in Foothill Ranch include the Whiting Ranch Wilderness Park, offering hiking and biking trails with stunning views, and the Foothill Ranch Towne Center, a popular shopping and dining destination. Residents also enjoy easy access to nearby beaches, theme parks, and cultural attractions in Orange County.
Benefits of Bridge Loans in Foothill Ranch, California
