Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lawndale, 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 Lawndale, CA or getting it ready for the market.
Identify the new home you want to buy in Lawndale, 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 Lawndale, 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 Lawndale, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lawndale, 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 Lawndale, 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 Lawndale, 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 Lawndale, 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 Lawndale, 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 offer quick access to funds for homeowners looking to purchase a new home before selling their existing one. In Lawndale, this can be especially advantageous as the real estate market is competitive, and having the ability to secure a new property swiftly can give buyers a significant advantage. Lawndale, California, is a vibrant community with a diverse population. The city boasts a mix of residential and commercial areas, making it an attractive place to live and work. The demographics of Lawndale reflect a blend of cultures, creating a rich tapestry of traditions and experiences. The housing market in Lawndale is dynamic, with a range of options available to buyers. Bridge loans can help individuals navigate this market by providing the flexibility needed to secure a new home while awaiting the sale of their current property. This can be especially useful in a market where timing is critical. Lawndale has several main attractions that appeal to residents and visitors alike. From beautiful parks and recreation areas to a thriving culinary scene, there is something for everyone to enjoy in this bustling city. The diversity of attractions adds to the charm and appeal of Lawndale, making it a desirable place to call home.
Benefits of Bridge Loans in Lawndale, California