Get Approved at The Lowest Rate
Navigating the process of buying a new home in Orange, 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 Orange, CA or getting it ready for the market.
Identify the new home you want to buy in Orange, 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 Orange, 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 Orange, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Orange, 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 Orange, 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 Orange, 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 Orange, 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 Orange, 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 Orange, California offer a convenient financial solution for homeowners looking to purchase a new property before selling their existing one. This type of loan provides temporary financing to bridge the gap between the two transactions, allowing homeowners to secure their new home without the need to wait for their old property to sell. Demographics: Orange, California, is a vibrant city located in Orange County, known for its diverse population and rich cultural heritage. The city has a mix of young professionals, families, and retirees, creating a dynamic and inclusive community. Housing Market: The housing market in Orange, California, is competitive and offers a mix of historic and modern homes. With a stable economy and a strong job market, the real estate market in Orange is thriving, making it an attractive location for homebuyers and investors alike. Main Attractions: Orange, California, is home to a variety of attractions, including the historic Old Towne Orange, the Irvine Regional Park, and the Orange County Zoo. The city also offers a range of dining, shopping, and entertainment options, making it a desirable place to live and visit.
Benefits of Bridge Loans in Orange, California
