Get Approved at The Lowest Rate
Navigating the process of buying a new home in Montclair, 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 Montclair, CA or getting it ready for the market.
Identify the new home you want to buy in Montclair, 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 Montclair, 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 Montclair, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Montclair, 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 Montclair, 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 Montclair, 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 Montclair, 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 Montclair, 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 Montclair, California provide a convenient financing option for those looking to purchase a new home before selling their current property. These short-term loans offer quick access to funds, allowing buyers to secure their new home without waiting for their existing property to sell. Demographics: Montclair, California, is a diverse city with a mix of residents from various ethnic backgrounds. The population consists of families, young professionals, and retirees, creating a vibrant and inclusive community. Housing Market: The housing market in Montclair offers a range of options from single-family homes to modern apartments. With its convenient location and attractive property prices, Montclair is an ideal destination for homebuyers looking to invest in a thriving real estate market. Main Attractions: Montclair is known for its beautiful parks, shopping centers, and cultural attractions. Residents can enjoy outdoor activities at the nearby parks or explore the local shops and restaurants that contribute to the city's lively atmosphere.
Bridge Loans in Montclair, California
