Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lakeside, 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 Lakeside, CA or getting it ready for the market.
Identify the new home you want to buy in Lakeside, 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 Lakeside, 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 Lakeside, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lakeside, 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 Lakeside, 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 Lakeside, 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 Lakeside, 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 Lakeside, 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 Lakeside, California offer numerous benefits to homebuyers. These short-term loans provide financial flexibility, allowing buyers to make a quick purchase while waiting for their existing home to sell. This can be advantageous in a competitive housing market, providing a way to secure a new property without delays. Lakeside, California, located in San Diego County, boasts a diverse demographic mix. With a growing population of around 21,000 residents, the community is known for its family-friendly atmosphere and strong sense of community. The area is popular among young families and professionals seeking a suburban lifestyle. The housing market in Lakeside, California, is thriving, with a mix of single-family homes, townhouses, and condos available. The median home price is around $500,000, making it an attractive option for both first-time buyers and those looking to upgrade. Bridge loans can provide a competitive edge in this market, helping buyers secure their dream home. Some of the main attractions in Lakeside include the beautiful Lindo Lake County Park, a popular spot for picnics and outdoor activities. The town also offers easy access to hiking trails in the nearby El Capitan Mountain and recreational opportunities at the San Vicente Reservoir. Residents enjoy a relaxed pace of life while still being close to the amenities of San Diego.
Benefits of Bridge Loans in Lakeside, California
