Get Approved at The Lowest Rate
Navigating the process of buying a new home in Glendale, 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 Glendale, CA or getting it ready for the market.
Identify the new home you want to buy in Glendale, 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 Glendale, 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 Glendale, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Glendale, 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 Glendale, 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 Glendale, 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 Glendale, 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 Glendale, 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 Glendale offer numerous benefits to homebuyers and real estate investors. They provide a short-term financing solution that allows individuals to purchase a new property before selling their current one. This flexibility helps in securing a new home quickly without being contingent on the sale of the existing property. Demographically, Glendale, California, is known for its diverse population with a mix of cultures, languages, and lifestyles. The city has a strong economy with opportunities in industries such as entertainment, healthcare, and technology. The educational system is excellent, making it an attractive location for families and young professionals. The housing market in Glendale is dynamic, offering a mix of single-family homes, condos, and apartments. The real estate prices have been steadily increasing, making it a lucrative investment opportunity. Bridge loans play a crucial role in this market by providing quick access to funds for property acquisitions, renovations, or investments. Main attractions in Glendale include the prestigious Brand Park and Library, the iconic Glendale Galleria for shopping enthusiasts, and the scenic Deukmejian Wilderness Park for outdoor enthusiasts. The city boasts a vibrant culinary scene, cultural events, and proximity to the entertainment hub of Los Angeles.
Benefits of Bridge Loans in Glendale, California
