Get Approved at The Lowest Rate
Navigating the process of buying a new home in Needles, 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 Needles, CA or getting it ready for the market.
Identify the new home you want to buy in Needles, 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 Needles, 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 Needles, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Needles, 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 Needles, 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 Needles, 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 Needles, 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 Needles, 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 Needles, California offer several advantages for homebuyers. These short-term loans provide quick access to funds to purchase a new home before selling an existing one. This can be beneficial for those looking to avoid contingent offers and secure their dream home. Demographically, Needles is a small city located in San Bernardino County, California, with a population of approximately 5,000 residents. The community is diverse, with a mix of families, retirees, and young professionals. The cost of living is relatively low compared to other parts of California, making it an attractive option for those seeking affordable housing. In terms of the housing market, Needles offers a range of options from single-family homes to waterfront properties along the Colorado River. The market is currently stable, with steady appreciation rates and favorable mortgage rates. Bridge loans provide flexibility for buyers in this market, allowing them to secure financing without selling their current home first. Needles boasts several main attractions, including the scenic Mojave National Preserve, the historic Route 66, and the beautiful Needles Regional Park. Residents and visitors can enjoy outdoor activities such as hiking, boating, and camping in the picturesque desert landscape.
Benefits of Bridge Loans in Needles, California
