Get Approved at The Lowest Rate
Navigating the process of buying a new home in Midway City, 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 Midway City, CA or getting it ready for the market.
Identify the new home you want to buy in Midway City, 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 Midway City, 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 Midway City, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Midway City, 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 Midway City, 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 Midway City, 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 Midway City, 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 Midway City, 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: A bridge loan can provide quick financing to bridge the gap between the purchase of a new home and the sale of the existing one, enabling homeowners to move without waiting for their old property to sell. Demographics: Midway City, located in Orange County, California, has a diverse population with a mix of cultures, including a significant Vietnamese community. The median household income is above the national average, making it an attractive area for both residents and investors. Housing Market: The housing market in Midway City is competitive, with a mix of single-family homes, townhouses, and apartments. The median home value is higher than the national average, reflecting the desirability of the area and potential for strong returns on investment. Main Attractions: Midway City offers easy access to popular attractions in Orange County, including Disneyland, beaches, shopping centers, and cultural sites. Residents enjoy a variety of dining options and outdoor recreational activities in the area.
Bridge Loans in Midway City, California
