Get Approved at The Lowest Rate
Navigating the process of buying a new home in Port Hueneme, 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 Port Hueneme, CA or getting it ready for the market.
Identify the new home you want to buy in Port Hueneme, 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 Port Hueneme, 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 Port Hueneme, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Port Hueneme, 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 Port Hueneme, 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 Port Hueneme, 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 Port Hueneme, 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 Port Hueneme, 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 and flexible financing option for homeowners in Port Hueneme. They provide quick access to funds for purchasing a new home before selling the current one, preventing the need to rush the sale process at a lower price. Demographically, Port Hueneme is a diverse and welcoming community with a population of around 22,000 residents. The city boasts a mix of cultures and backgrounds, creating a vibrant and inclusive atmosphere for both residents and visitors. In terms of the housing market, Port Hueneme offers a range of options from quaint beachside cottages to modern waterfront properties. The market is competitive yet stable, making it an attractive location for both buyers and sellers looking to make a move in Southern California.
Benefits of Bridge Loans in Port Hueneme, California
