Get Approved at The Lowest Rate
Navigating the process of buying a new home in North Hills, 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 North Hills, CA or getting it ready for the market.
Identify the new home you want to buy in North Hills, 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 North Hills, 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 North Hills, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in North Hills, 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 North Hills, 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 North Hills, 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 North Hills, 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 North Hills, 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!
Benefits of Bridge Loans Bridge loans offer a convenient financing option for individuals looking to purchase a new home before selling their current property. They provide short-term funding to bridge the gap between the purchase of a new home and the sale of an existing one, helping buyers secure their dream homes without delays. Demographics North Hills, California, is a diverse community with a mix of residents from various cultural backgrounds. The population consists of families, young professionals, and retirees, creating a vibrant and inclusive neighborhood. Housing Market The housing market in North Hills is competitive, with a range of single-family homes, townhouses, and apartments available. The median home price is moderate, making it an attractive location for both first-time buyers and investors looking to enter the market. Main Attractions North Hills boasts a range of attractions, including parks, shopping centers, and cultural landmarks. Residents can enjoy outdoor activities at parks like Sepulveda Basin Recreation Area, explore retail options at North Hills Plaza, and immerse themselves in the local arts scene.
Bridge Loans in North Hills, California
