Get Approved at The Lowest Rate
Navigating the process of buying a new home in Norco, 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 Norco, CA or getting it ready for the market.
Identify the new home you want to buy in Norco, 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 Norco, 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 Norco, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Norco, 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 Norco, 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 Norco, 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 Norco, 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 Norco, 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 Norco, California offer numerous benefits for homebuyers. These short-term loans provide immediate funds to purchase a new home before selling an existing one, making it easier to secure the desired property quickly. Bridge loans also help avoid contingent offers, giving buyers a competitive edge in the fast-paced real estate market of Norco. In terms of demographics, Norco, California, is a vibrant community with a population of around 25,000 residents. The city boasts a diverse population with a mix of families, young professionals, and retirees. The median household income is above the national average, reflecting the area's economic stability and prosperity. The housing market in Norco is dynamic, with a range of properties available to suit various preferences and budgets. The market is competitive, with home prices steadily appreciating over the years. Bridge loans provide a strategic financing option for buyers looking to capitalize on the city's robust real estate market and secure their dream home. Norco is known for its equestrian culture and scenic landscapes, making it a desirable place to live for horse enthusiasts and nature lovers. The city is home to numerous parks, trails, and equestrian centers, offering residents ample opportunities for outdoor recreation and leisure. Norco's unique blend of rural charm and urban amenities makes it a popular destination for homebuyers seeking a high quality of life.
Bridge Loans in Norco, California
