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Navigating the process of buying a new home in Laguna Niguel, 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 Niguel, CA or getting it ready for the market.
Identify the new home you want to buy in Laguna Niguel, 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 Niguel, 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 Niguel, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Laguna Niguel, 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 Niguel, 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 Niguel, 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 Niguel, 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 Niguel, 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 offer short-term financing for homeowners who need quick funds to purchase a new property before selling their existing one. This can help in avoiding a gap between buying and selling, ensuring a smoother transition in real estate transactions. Demographics: Laguna Niguel, California, is a picturesque city located in Orange County. It has a population of around 66,000 residents with a median household income well above the national average. The city is known for its diverse community and family-friendly environment. Housing Market: The housing market in Laguna Niguel is competitive, with a median home value higher than many surrounding areas. Bridge loans can provide buyers with an edge in this market by allowing them to act quickly on promising properties without having to wait for their current home to sell. Main Attractions: Laguna Niguel offers a range of attractions, including beautiful beaches, hiking trails, and parks. The city is also known for its shopping and dining options, making it an attractive location for residents and visitors alike.
Benefits of Bridge Loans in Laguna Niguel, California
