Get Approved at The Lowest Rate
Navigating the process of buying a new home in Grand Terrace, 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 Grand Terrace, CA or getting it ready for the market.
Identify the new home you want to buy in Grand Terrace, 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 Grand Terrace, 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 Grand Terrace, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Grand Terrace, 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 Grand Terrace, 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 Grand Terrace, 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 Grand Terrace, 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 Grand Terrace, 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 provide a valuable financing option for homeowners in Grand Terrace, California. These short-term loans offer the flexibility to purchase a new home before selling the existing one, helping to avoid the stress of timing constraints. Grand Terrace, California, is a vibrant community with a population that reflects diversity and rich cultural heritage. The city boasts excellent schools, parks, and recreational facilities, making it an ideal place for families and individuals of all ages. The housing market in Grand Terrace is robust, with a mix of traditional single-family homes and modern developments. The median home price is competitive, making it an attractive location for first-time buyers and investors alike. Some of the main attractions in Grand Terrace include the beautiful Blue Mountain Trail for outdoor enthusiasts, the charming Heritage Park for history buffs, and the popular La Pasta Italia for exquisite dining experiences.
Benefits of Bridge Loans in Grand Terrace, California
