Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mission Hills, 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 Mission Hills, CA or getting it ready for the market.
Identify the new home you want to buy in Mission Hills, 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 Mission Hills, 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 Mission Hills, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mission Hills, 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 Mission Hills, 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 Mission Hills, 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 Mission Hills, 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 Mission Hills, 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 Mission Hills, California offer numerous benefits to homeowners, including providing quick access to funds for purchasing a new home before selling the existing one. This type of financing can bridge the gap between the purchase of a new property and the sale of the current one, preventing homeowners from missing out on their dream home. Demographically, Mission Hills is a diverse neighborhood in the San Fernando Valley region of Los Angeles. It is known for its mix of cultures and ethnicities, creating a vibrant community with a strong sense of inclusion and diversity. The housing market in Mission Hills, California, is dynamic, with a mix of single-family homes, townhouses, and apartments. The market is currently experiencing steady growth, making it an attractive location for both buyers and sellers. Bridge loans can help homeowners take advantage of the competitive market by providing the necessary funds to make a quick purchase or upgrade their current property. Some main attractions in Mission Hills include the Andres Pico Adobe, the oldest residence in the San Fernando Valley, and the San Fernando Mission Cemetery, a historic landmark with beautiful grounds and gardens. Additionally, the neighborhood offers easy access to hiking trails, parks, and shopping centers, making it a desirable place to live for individuals and families alike.
Bridge Loans in Mission Hills, California
