Get Approved at The Lowest Rate
Navigating the process of buying a new home in Moreno Valley, 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 Moreno Valley, CA or getting it ready for the market.
Identify the new home you want to buy in Moreno Valley, 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 Moreno Valley, 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 Moreno Valley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Moreno Valley, 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 Moreno Valley, 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 Moreno Valley, 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 Moreno Valley, 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 Moreno Valley, 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 Moreno Valley offer quick financing solutions for homeowners looking to buy a new property before selling their existing home. These loans provide flexibility and convenience by bridging the gap between the purchase of a new property and the sale of the current one. Demographically, Moreno Valley is a diverse city in Southern California with a growing population of approximately 215,000 residents. The city boasts a mix of young professionals, families, and retirees, creating a vibrant community atmosphere. The housing market in Moreno Valley is competitive yet affordable, making it an attractive location for both homebuyers and investors. With a variety of housing options ranging from single-family homes to townhouses, the market caters to a diverse range of preferences and budgets. Main attractions in Moreno Valley include the March Field Air Museum, where visitors can explore aviation history, and the Box Springs Mountain Reserve, offering hiking trails and panoramic views of the city. Additionally, the Moreno Valley Ranch Golf Club provides recreational opportunities for golf enthusiasts.
Benefits of Bridge Loans in Moreno Valley, California
