Get Approved at The Lowest Rate
Navigating the process of buying a new home in Palmdale, 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 Palmdale, CA or getting it ready for the market.
Identify the new home you want to buy in Palmdale, 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 Palmdale, 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 Palmdale, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Palmdale, 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 Palmdale, 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 Palmdale, 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 Palmdale, 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 Palmdale, 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 numerous benefits to individuals in Palmdale, California. They provide a convenient financing solution for those looking to purchase a new property before selling their existing one. This flexibility helps avoid delays and allows buyers to secure their dream home quickly. Additionally, bridge loans offer competitive interest rates and a streamlined application process, making them an attractive option for many residents in Palmdale. Palmdale, California, boasts a diverse population, with a mix of young professionals, families, and retirees. The city's demographics reflect a rich cultural tapestry, with a strong sense of community. Palmdale's population is also known for its entrepreneurial spirit, with many residents actively involved in small businesses and startups. The housing market in Palmdale is robust, with a range of properties available to suit different budgets and preferences. The city has seen steady growth in property prices over the years, making it a lucrative investment opportunity for homeowners. With reputable real estate agents and mortgage brokers readily available, navigating the housing market in Palmdale is a smooth and efficient process. Palmdale offers a variety of attractions for residents and visitors alike. Nature lovers can explore the beautiful trails at Devil's Punchbowl Natural Area or enjoy a picnic at Pelona Vista Park. For art enthusiasts, the Palmdale Playhouse showcases local talent in theatre and music performances. Additionally, shopping and dining options abound in the city, ensuring there's something for everyone to enjoy in Palmdale.
Bridge Loans in Palmdale, California
