Get Approved at The Lowest Rate
Navigating the process of buying a new home in Northridge, 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 Northridge, CA or getting it ready for the market.
Identify the new home you want to buy in Northridge, 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 Northridge, 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 Northridge, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Northridge, 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 Northridge, 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 Northridge, 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 Northridge, 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 Northridge, 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 Northridge offer a quick and flexible financing solution for homeowners looking to purchase a new property before selling their existing one. This allows for smooth transitions and avoids the need for contingent offers. Northridge, California, boasts a diverse demographic mix with a strong middle-class presence. The area is known for its excellent schools, making it an ideal location for families. Additionally, it has a bustling retail scene and a variety of dining options. The housing market in Northridge is competitive yet stable, offering a range of housing options from single-family homes to condos. With steady appreciation rates, investing in real estate in Northridge can provide long-term financial benefits. Some main attractions in Northridge include the beautiful California State University, Northridge campus, the popular Northridge Fashion Center, and the scenic Northridge Recreation Center, providing ample opportunities for recreation and entertainment.
Benefits of Bridge Loans in Northridge, California
