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Navigating the process of buying a new home in Mount Wilson, 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 Mount Wilson, CA or getting it ready for the market.
Identify the new home you want to buy in Mount Wilson, 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 Mount Wilson, 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 Mount Wilson, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mount Wilson, 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 Mount Wilson, 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 Mount Wilson, 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 Mount Wilson, 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 Mount Wilson, 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 offer quick financing solutions for homeowners in Mount Wilson, California, allowing them to purchase a new property before selling their existing one. This can prevent missed opportunities and provide flexibility in real estate transactions. Mount Wilson, California, boasts a diverse demographic mix with a strong sense of community. The area is known for its upscale neighborhoods and excellent school districts, making it an attractive location for families and professionals looking to settle down. The housing market in Mount Wilson is competitive, with a mix of historic homes and modern developments. Bridge loans can help buyers secure properties in this coveted market quickly, giving them an edge over traditional financing options. Main attractions in Mount Wilson include the historic Mount Wilson Observatory, offering stunning views of the surrounding landscape. Residents also enjoy access to hiking trails, local eateries, and cultural events, making it a vibrant and engaging place to live.
The Benefits of Bridge Loans in Mount Wilson, California
