Get Approved at The Lowest Rate
Navigating the process of buying a new home in Playa Vista, 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 Playa Vista, CA or getting it ready for the market.
Identify the new home you want to buy in Playa Vista, 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 Playa Vista, 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 Playa Vista, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Playa Vista, 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 Playa Vista, 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 Playa Vista, 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 Playa Vista, 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 Playa Vista, 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 Playa Vista, California offer various advantages for buyers in need of temporary financing to bridge the gap between the purchase of a new property and the sale of their existing one. These loans provide quick access to funds, flexibility in repayment terms, and the ability to secure prime properties in competitive markets before selling current homes. Playa Vista, California, a vibrant neighborhood in Los Angeles, boasts a diverse demographic mix. With a thriving tech community and a growing population of young professionals, the area is known for its innovative spirit and dynamic atmosphere, making it an ideal location for businesses and families alike. The housing market in Playa Vista is robust, characterized by a mix of contemporary condos, townhouses, and single-family homes. Despite its high demand, Playa Vista offers diverse housing options to cater to various budgets and preferences, making it an attractive destination for both first-time buyers and seasoned investors. Playa Vista is home to a variety of attractions, including the beautiful Ballona Wetlands, cutting-edge tech companies like Google and YouTube, upscale shopping centers, and outdoor recreational spaces. Residents can enjoy a blend of nature, technology, and entertainment, making Playa Vista a dynamic and sought-after community in California.
Benefits of Bridge Loans in Playa Vista, California
