Get Approved at The Lowest Rate
Navigating the process of buying a new home in Orland, 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 Orland, CA or getting it ready for the market.
Identify the new home you want to buy in Orland, 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 Orland, 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 Orland, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Orland, 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 Orland, 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 Orland, 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 Orland, 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 Orland, 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 Orland, California offer numerous benefits to homebuyers. One of the main advantages is the ability to secure financing quickly, allowing for a seamless transition between the purchase of a new home and the sale of an existing one. This can be crucial in competitive real estate markets where timing is of the essence. Additionally, bridge loans provide flexibility by allowing borrowers to access funds based on the equity in their current property, rather than strict income or credit requirements. This can be particularly helpful for individuals who may have difficulty qualifying for a traditional mortgage. Furthermore, bridge loans in Orland offer convenience by consolidating debt from multiple properties into a single loan, simplifying repayment and potentially reducing overall interest costs. This can be especially beneficial for investors or homeowners looking to optimize their financial situation.
Benefits of Bridge Loans in Orland, California
