Get Approved at The Lowest Rate
Navigating the process of buying a new home in Harbor City, 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 Harbor City, CA or getting it ready for the market.
Identify the new home you want to buy in Harbor City, 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 Harbor City, 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 Harbor City, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Harbor City, 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 Harbor City, 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 Harbor City, 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 Harbor City, 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 Harbor City, 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 offer quick access to funds, allowing individuals in Harbor City to secure a new property before selling their current one. This prevents them from missing out on a dream home due to timing constraints. Harbor City, California, boasts a diverse population with a mix of cultures, making it a vibrant community. The median age is around 40, and the area is known for its strong sense of community and friendly neighbors. The housing market in Harbor City is a mix of single-family homes and condos, providing options for different preferences and budgets. The market has seen steady appreciation over the years, making it a desirable location for both buyers and sellers. Some main attractions in Harbor City include the Machado Lake, perfect for outdoor enthusiasts, and the Lomita Railroad Museum, a popular spot for history buffs. The area also offers a variety of dining options, shops, and parks for residents to enjoy.
Benefits of Bridge Loans in Harbor City, California
