Get Approved at The Lowest Rate
Navigating the process of buying a new home in Imperial Beach, 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 Imperial Beach, CA or getting it ready for the market.
Identify the new home you want to buy in Imperial Beach, 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 Imperial Beach, 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 Imperial Beach, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Imperial Beach, 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 Imperial Beach, 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 Imperial Beach, 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 Imperial Beach, 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 Imperial Beach, 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 a convenient way for homebuyers in Imperial Beach to secure funds for a new home purchase before selling their current property. These loans provide quick access to capital, enabling buyers to make competitive offers and avoid missing out on their dream home. Imperial Beach, with a population of approximately 27,000 residents, boasts a diverse community and a vibrant beach lifestyle. The city's demographics include a mix of families, young professionals, and retirees, creating a dynamic and welcoming environment. The housing market in Imperial Beach is characterized by a mix of residential properties, including beachfront homes, townhouses, and condos. The market has seen steady growth in property values, making it an attractive location for both homeowners and investors looking to capitalize on the area's increasing demand. Main attractions in Imperial Beach include the iconic Imperial Beach Pier, perfect for leisurely strolls and sunset views, and the nearby Border Field State Park, offering hiking trails and scenic picnic spots. Additionally, the city hosts events like the annual Sandcastle Competition, drawing visitors from across the region to enjoy its sandy shores.
Bridge Loans Benefits in Imperial Beach, California
