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Navigating the process of buying a new home in La Verne, 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 La Verne, CA or getting it ready for the market.
Identify the new home you want to buy in La Verne, 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 La Verne, 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 La Verne, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in La Verne, 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 La Verne, 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 La Verne, 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 La Verne, 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 La Verne, 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!
Benefits of Bridge Loans: Bridge loans in La Verne, California provide a convenient financing option for homeowners looking to purchase a new home before selling their existing one. They offer short-term financing flexibility, allowing borrowers to bridge the gap between the purchase of a new home and the sale of their current property. Demographics: La Verne, California, is a vibrant city located in Los Angeles County. It has a diverse population with a mix of families, young professionals, and retirees. The city is known for its excellent schools, safe neighborhoods, and strong sense of community. Housing Market: The housing market in La Verne, California, is competitive yet stable. With a mix of historic and modern homes, the real estate market offers a variety of options for buyers. Bridge loans can be advantageous in a competitive market, giving buyers a competitive edge when making offers on new properties. Main Attractions: La Verne boasts an array of attractions, including the picturesque Bonita Falls, the peaceful Marshall Canyon Regional Park, and the charming Old Town La Verne. Residents also enjoy easy access to the nearby Angeles National Forest and the vibrant city life of Los Angeles.
Bridge Loans in La Verne, California
