Get Approved at The Lowest Rate
Navigating the process of buying a new home in Pomona, 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 Pomona, CA or getting it ready for the market.
Identify the new home you want to buy in Pomona, 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 Pomona, 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 Pomona, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Pomona, 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 Pomona, 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 Pomona, 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 Pomona, 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 Pomona, 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 Pomona offer numerous benefits, including providing quick financing for homeowners who need to purchase a new home before selling their current property. This flexibility can help avoid the stress of timing mismatches and allow for a smoother transition between homes. Demographically, Pomona is a diverse city with a vibrant community. Its population includes a mix of cultures and backgrounds, creating a rich tapestry of experiences. The city is known for its strong sense of community and support for local businesses. In terms of the housing market, Pomona offers a range of options for homebuyers, from historic properties to modern developments. The market is dynamic, with both buying and selling opportunities, making it an attractive location for those seeking a bridge loan to facilitate their move. Main attractions in Pomona include the Fairplex, home to the LA County Fair, as well as cultural institutions like the Pomona College Museum of Art. Outdoor enthusiasts can enjoy parks and recreational areas, contributing to the city's quality of life.
Benefits of Bridge Loans in Pomona, California
