Get Approved at The Lowest Rate
Navigating the process of buying a new home in Redlands, 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 Redlands, CA or getting it ready for the market.
Identify the new home you want to buy in Redlands, 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 Redlands, 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 Redlands, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Redlands, 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 Redlands, 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 Redlands, 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 Redlands, 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 Redlands, 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 Redlands, California offer numerous advantages for homeowners. These short-term loans provide quick access to funds for purchasing a new home before selling the existing one. They help in avoiding a contingency offer, enabling a smoother transition between properties and reducing the stress of moving. Demographically, Redlands, California, is a vibrant city with a population of diverse backgrounds and ages. The city is known for its historical charm, family-friendly neighborhoods, and a strong sense of community. The residents enjoy a high quality of life with access to top-rated schools, healthcare facilities, and recreational areas. The housing market in Redlands, California, is dynamic and competitive. The city offers a mix of historic homes, modern developments, and luxury estates, catering to various preferences and budgets. With a steady appreciation in property values and a strong demand for housing, investing in Redlands real estate is considered a wise financial decision. Main attractions in Redlands, California, include the historic downtown area with its quaint shops and restaurants, the picturesque Redlands Bowl for cultural performances, and proximity to outdoor recreational spots like the San Bernardino National Forest and Big Bear Lake. The city's rich history, vibrant arts scene, and natural beauty make it a desirable place to live and visit.
Benefits of Bridge Loans in Redlands, California
