Get Approved at The Lowest Rate
Navigating the process of buying a new home in Ojai, 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 Ojai, CA or getting it ready for the market.
Identify the new home you want to buy in Ojai, 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 Ojai, 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 Ojai, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Ojai, 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 Ojai, 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 Ojai, 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 Ojai, 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 Ojai, 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 convenient financing solution for individuals looking to purchase a new home before selling their existing property. In Ojai, California, this type of loan can provide the flexibility and liquidity needed to secure a new home quickly without having to wait for the sale of the old one. Ojai, located in Ventura County, has a diverse demographic mix with artists, retirees, and outdoor enthusiasts making up a significant portion of the population. The city's charming small-town atmosphere and picturesque surroundings make it an attractive destination for those seeking a relaxed lifestyle. The housing market in Ojai is known for its unique mix of architectural styles ranging from historic Spanish Colonial Revival to modern eco-friendly designs. With a limited inventory of homes, the market is competitive, making bridge loans a valuable tool for buyers looking to move quickly on a property. Besides its real estate appeal, Ojai boasts a variety of main attractions such as the Ojai Valley Museum, renowned for its exhibits on local history, and the scenic Los Padres National Forest, offering outdoor activities like hiking and camping for nature enthusiasts.
Benefits of Bridge Loans in Ojai, California
