Get Approved at The Lowest Rate
Navigating the process of buying a new home in Pico Rivera, 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 Pico Rivera, CA or getting it ready for the market.
Identify the new home you want to buy in Pico Rivera, 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 Pico Rivera, 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 Pico Rivera, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pico Rivera, 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 Pico Rivera, 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 Pico Rivera, 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 Pico Rivera, 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 Pico Rivera, 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!
Benefits of Bridge Loans: Bridge loans offer immediate funding for borrowers looking to purchase a new home before selling their current property. They provide flexibility and speed, allowing individuals to secure their dream home without waiting for their existing home to sell. Demographics: Pico Rivera, California, has a diverse population with a mix of Hispanic, White, and Asian residents. The city has a strong sense of community and offers various cultural events and festivals to celebrate its multicultural heritage. Housing Market: Pico Rivera's real estate market is competitive, with a mix of single-family homes and apartments. The market has shown steady growth in recent years, making it an attractive location for both homebuyers and investors. Main Attractions: Pico Rivera boasts several parks, including Pico Park and Streamland Park, offering recreational activities for residents. The city also has a rich history, with sites like the Pico Rivera Historical Museum showcasing its past.
Bridge Loans in Pico Rivera, California
