Get Approved at The Lowest Rate
Navigating the process of buying a new home in Piru, 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 Piru, CA or getting it ready for the market.
Identify the new home you want to buy in Piru, 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 Piru, 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 Piru, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Piru, 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 Piru, 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 Piru, 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 Piru, 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 Piru, 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 a convenient short-term financing solution for homebuyers in Piru, California. They provide the flexibility to secure a new property while waiting for the sale of an existing one. This allows for smoother transitions and prevents the stress of double mortgage payments. Demographically, Piru is a small town located in Ventura County with a population of around 2,000 residents. The community is diverse, with a mix of cultures and ages, creating a vibrant and inclusive atmosphere. Residents here enjoy a close-knit community feel and a slower pace of living compared to nearby urban areas. In terms of the housing market, Piru offers a range of options from historic homes to newer developments. The market is currently stable, with moderate home prices and a steady demand for properties. Bridge loans can be especially beneficial in this type of market, offering buyers the opportunity to secure their dream home without delays. Main attractions in Piru include the beautiful Lake Piru, perfect for outdoor activities like boating and fishing. The town also boasts charming local shops, restaurants, and community events that showcase its rich culture and heritage. Residents and visitors alike appreciate the town's natural beauty and welcoming atmosphere.
Benefits of Bridge Loans in Piru, California
