Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mentone, 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 Mentone, CA or getting it ready for the market.
Identify the new home you want to buy in Mentone, 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 Mentone, 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 Mentone, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mentone, 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 Mentone, 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 Mentone, 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 Mentone, 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 Mentone, 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 in Mentone offer quick financing solutions to bridge the gap between the purchase of a new home and the sale of an existing one. These loans provide flexibility and enable homeowners to secure their dream home without worrying about selling their current property first. Demographics: Mentone, located in San Bernardino County, California, has a diverse population with a mix of families, professionals, and retirees. The area enjoys a pleasant climate and a close-knit community vibe, making it an attractive place to live for people of all ages. Housing Market: Mentone's housing market is vibrant, offering a range of property types from cozy single-family homes to spacious estates. The market is competitive, with high demand for properties due to the area's scenic beauty, access to amenities, and relative affordability compared to neighboring areas. Main Attractions: Mentone boasts attractions such as the picturesque Redlands Bowl, the scenic views from Panorama Point, and proximity to outdoor recreational areas like the Santa Ana River Trail. Residents enjoy a blend of natural beauty and urban conveniences in this charming California town.
Bridge Loans in Mentone, California
