Get Approved at The Lowest Rate
Navigating the process of buying a new home in Paramount, 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 Paramount, CA or getting it ready for the market.
Identify the new home you want to buy in Paramount, 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 Paramount, 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 Paramount, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Paramount, 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 Paramount, 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 Paramount, 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 Paramount, 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 Paramount, 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 Paramount, California offer various benefits to homeowners and investors. One of the primary advantages is the ability to secure short-term financing quickly, allowing individuals to bridge the gap between the purchase of a new property and the sale of an existing one without missing out on lucrative investment opportunities. Demographically, Paramount, California is a diverse community with a mix of urban and suburban elements. The population consists of a blend of different ethnicities and age groups, creating a vibrant and inclusive environment for residents. The housing market in Paramount is dynamic, with a range of housing options available to suit different preferences and budgets. The market has seen steady growth in recent years, making it an attractive location for both first-time buyers and seasoned investors looking for profitable real estate opportunities. Paramount, California boasts several main attractions, including beautiful parks, cultural landmarks, and a variety of dining and shopping options. Residents and visitors can enjoy outdoor activities, entertainment venues, and a bustling community that offers something for everyone.
Benefits of Bridge Loans in Paramount, California
