Get Approved at The Lowest Rate
Navigating the process of buying a new home in Lemon Grove, 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 Lemon Grove, CA or getting it ready for the market.
Identify the new home you want to buy in Lemon Grove, 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 Lemon Grove, 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 Lemon Grove, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Lemon Grove, 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 Lemon Grove, 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 Lemon Grove, 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 Lemon Grove, 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 Lemon Grove, 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 Lemon Grove, California offer immediate financial relief to individuals or families looking to buy a new home before selling their current one. These short-term loans bridge the gap between the sale of the existing property and the purchase of a new one, providing flexibility and peace of mind during the transition. Demographics in Lemon Grove, California, show a diverse community with a mix of young professionals, families, and retirees. The city boasts a population that values community engagement and cultural diversity, making it an ideal place to settle down and raise a family. The housing market in Lemon Grove, California, is showing steady growth with a range of affordable options for first-time homebuyers and seasoned investors alike. The market is competitive yet stable, offering a mix of single-family homes, townhouses, and condos to suit various preferences and budgets. Main attractions in Lemon Grove, California, include the iconic Lemon Grove Monument, the vibrant Farmer's Market, and the diverse culinary scene featuring local eateries and cafes. Outdoor enthusiasts can enjoy hiking trails, parks, and recreational activities in the picturesque surroundings of the city.
Benefits of Bridge Loans in Lemon Grove, California
