Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mira Loma, 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 Mira Loma, CA or getting it ready for the market.
Identify the new home you want to buy in Mira Loma, 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 Mira Loma, 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 Mira Loma, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mira Loma, 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 Mira Loma, 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 Mira Loma, 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 Mira Loma, 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 Mira Loma, 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 Mira Loma, California, offer immediate financial solutions to homebuyers. They can be used to bridge the gap between the purchase of a new home while waiting to sell your current one. This flexibility is especially beneficial in a competitive housing market, allowing buyers to act quickly without the pressure of selling their existing home first. Demographics in Mira Loma are diverse, with a mix of families, young professionals, and retirees. The median household income is above the national average, making it an attractive location for those seeking a higher quality of life. The population growth in recent years indicates a vibrant community with opportunities for social and economic advancement. The housing market in Mira Loma is robust, with a steady increase in property values. The availability of bridge loans provides buyers with the confidence to invest in real estate, knowing they have financial support during the transition period. This has contributed to a thriving marketplace with varied options for buyers at different price points. Main attractions in Mira Loma include scenic parks, hiking trails, and proximity to popular tourist destinations like Disneyland and the beaches of Southern California. Residents can enjoy a blend of suburban tranquility and easy access to urban amenities, making it an ideal location for families and individuals looking for a balanced lifestyle.
Benefits of Bridge Loans in Mira Loma
