Get Approved at The Lowest Rate
Navigating the process of buying a new home in Mt Baldy, 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 Mt Baldy, CA or getting it ready for the market.
Identify the new home you want to buy in Mt Baldy, 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 Mt Baldy, 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 Mt Baldy, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Mt Baldy, 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 Mt Baldy, 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 Mt Baldy, 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 Mt Baldy, 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 Mt Baldy, 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 a flexible financing solution for homeowners in Mt Baldy, California, allowing them to purchase a new home before selling their current one. This can be particularly advantageous in a competitive real estate market, where quick transactions are key. Demographically, Mt Baldy is a small community nestled in the San Gabriel Mountains. With a population of around 200 residents, this quaint town offers a close-knit community atmosphere ideal for those seeking a peaceful retreat from city life. The housing market in Mt Baldy is characterized by rustic mountain cabins and chalets, catering to nature lovers and outdoor enthusiasts. The market is relatively stable, with property values appreciating steadily over the years, making it a sound investment for those looking to enjoy both a primary residence or a vacation home. Main attractions in Mt Baldy include the popular Mt Baldy Resort, known for its skiing and snowboarding activities in the winter, as well as hiking and biking trails in the summer. The scenic beauty of the area, including the nearby Mt Baldy Wilderness Preserve, makes it a desirable destination for outdoor recreation.
Benefits of Bridge Loans in Mt Baldy, California
