Get Approved at The Lowest Rate
Navigating the process of buying a new home in Menifee, 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 Menifee, CA or getting it ready for the market.
Identify the new home you want to buy in Menifee, 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 Menifee, 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 Menifee, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Menifee, 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 Menifee, 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 Menifee, 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 Menifee, 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 Menifee, 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!
Benefits of Bridge Loans: Bridge loans offer a convenient financing option for homeowners in Menifee, California, allowing them to purchase a new home before selling their current one. This flexibility helps avoid the stress of timing the sale and purchase perfectly. Demographics: Menifee is a diverse community in Southern California with a population that includes families, young professionals, and retirees. The median age is around 37 years old, and the city has a strong sense of community and pride. Housing Market: Menifee's housing market is dynamic, with a mix of single-family homes, townhouses, and condos. The market has been experiencing steady appreciation in recent years, making it an attractive location for both buyers and sellers. Main Attractions: Menifee offers residents and visitors a range of attractions, including the Menifee Lakes Country Club for golf enthusiasts, the Motte Historical Museum for history buffs, and the local parks and trails for outdoor activities and relaxation.
Bridge Loans in Menifee, California
