Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lancaster, 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 Lancaster, CA or getting it ready for the market.
Identify the new home you want to buy in Lancaster, 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 Lancaster, 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 Lancaster, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lancaster, 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 Lancaster, 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 Lancaster, 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 Lancaster, 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 Lancaster, 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 Lancaster, California offer a convenient financial solution for homeowners looking to purchase a new home before selling their current one. These loans provide short-term financing to bridge the gap between the sale of the existing property and the purchase of a new one, allowing for a smooth transition without the need for a contingency offer. Lancaster, California, is a vibrant city located in the Antelope Valley. With a population of over 160,000, the demographics of Lancaster are diverse, including a mix of young families, professionals, and retirees. The city boasts a strong sense of community and a range of amenities that cater to residents of all ages. The housing market in Lancaster, California, is dynamic and offers a mix of single-family homes, townhouses, and apartments. With affordable prices compared to nearby cities like Los Angeles, Lancaster presents an attractive option for homebuyers. The market is competitive, with a steady demand for housing due to the city's growing population and economic development. Some main attractions in Lancaster include the Antelope Valley California Poppy Reserve, where visitors can enjoy breathtaking views of poppy fields in bloom during the spring. The Lancaster Performing Arts Center hosts a variety of cultural events and shows, catering to residents' artistic interests. For outdoor enthusiasts, the Prime Desert Woodland Preserve offers hiking trails and natural beauty to explore.
Bridge Loans in Lancaster, California
