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Navigating the process of buying a new home in Laguna Hills, 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 Laguna Hills, CA or getting it ready for the market.
Identify the new home you want to buy in Laguna Hills, 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 Laguna Hills, 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 Laguna Hills, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Laguna Hills, 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 Laguna Hills, 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 Laguna Hills, 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 Laguna Hills, 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 Laguna Hills, 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 Laguna Hills offer a convenient financing option for homeowners looking to purchase a new home before selling their current one. These loans provide short-term access to funds to bridge the gap between selling a property and buying a new one, allowing for smoother transitions without the stress of timing constraints. Laguna Hills, California, is a diverse community with a population of approximately 31,000 residents. The city boasts a mix of urban and suburban living, with a median household income of $90,873. The demographic makeup includes a blend of professionals, families, and retirees, creating a vibrant and welcoming community. The housing market in Laguna Hills is dynamic and competitive, with a median home value of $714,000. Bridge loans can help prospective buyers navigate this competitive market by providing the flexibility needed to secure a new home quickly. Additionally, the city offers a range of housing options from single-family homes to condos, catering to various preferences and budgets. Some main attractions in Laguna Hills include the beautiful parks and outdoor spaces like Costeau Park and Nellie Gail Ranch Equestrian Center, which provide residents with opportunities for recreation and leisure. The city's proximity to Laguna Beach also offers residents access to stunning beaches, art galleries, and trendy restaurants, making it an ideal place to live and explore.
Benefits of Bridge Loans in Laguna Hills, California
