Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rancho Palos Verdes, 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 Rancho Palos Verdes, CA or getting it ready for the market.
Identify the new home you want to buy in Rancho Palos Verdes, 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 Rancho Palos Verdes, 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 Rancho Palos Verdes, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rancho Palos Verdes, 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 Rancho Palos Verdes, 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 Rancho Palos Verdes, 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 Rancho Palos Verdes, 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 Rancho Palos Verdes, 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 Rancho Palos Verdes, California offer a flexible financing option for homebuyers. These short-term loans can help bridge the gap between the purchase of a new home and the sale of your current property. With quick approval and competitive rates, bridge loans provide financial flexibility during the transitional period. Demographics of Rancho Palos Verdes, California include a diverse population with a mix of professionals, families, and retirees. Known for its scenic beauty and upscale neighborhoods, Rancho Palos Verdes attracts residents seeking a high quality of life. The city boasts top-rated schools, safe neighborhoods, and a strong sense of community. The housing market in Rancho Palos Verdes is dynamic, with a range of property options available. From luxury estates with stunning ocean views to more affordable single-family homes, the real estate market caters to various preferences. With steady appreciation rates and a competitive market, investing in Rancho Palos Verdes offers long-term value. Main Attractions in Rancho Palos Verdes:
Benefits of Bridge Loans in Rancho Palos Verdes, California