Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lake Arrowhead, 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 Lake Arrowhead, CA or getting it ready for the market.
Identify the new home you want to buy in Lake Arrowhead, 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 Lake Arrowhead, 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 Lake Arrowhead, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lake Arrowhead, 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 Lake Arrowhead, 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 Lake Arrowhead, 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 Lake Arrowhead, 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 Lake Arrowhead, 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 are a valuable financial tool for homebuyers in Lake Arrowhead, California. They provide the flexibility to secure a new property without having to sell an existing one first. This allows for a smoother transition between homes and can prevent missed opportunities in a competitive real estate market. Lake Arrowhead, located in the San Bernardino Mountains, is characterized by its stunning natural beauty and close-knit community. The area boasts a diverse population, with a mix of permanent residents and vacation homeowners. This creates a vibrant and welcoming atmosphere for individuals and families alike. The housing market in Lake Arrowhead offers a range of options, from cozy cabins to luxurious lakefront estates. Bridge loans can help buyers take advantage of these opportunities by providing quick access to funds for down payments or renovations. With a competitive market and limited inventory, bridge loans can give buyers an edge in securing their dream home. Aside from its real estate appeal, Lake Arrowhead is renowned for its recreational activities and attractions. From water sports on the lake to hiking in the surrounding mountains, there is something for everyone to enjoy. The area also features charming shops, restaurants, and cultural events that add to its allure as a premier destination in Southern California.
The Benefits of Bridge Loans in Lake Arrowhead, California
