Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rosamond, 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 Rosamond, CA or getting it ready for the market.
Identify the new home you want to buy in Rosamond, 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 Rosamond, 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 Rosamond, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rosamond, 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 Rosamond, 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 Rosamond, 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 Rosamond, 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 Rosamond, 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 Rosamond, California offer numerous benefits for homebuyers and investors. These short-term loans provide quick access to funds, allowing borrowers to purchase a new property before selling their current one. This can be advantageous in competitive markets, enabling buyers to secure their dream home without waiting for their existing property to sell. Rosamond, California, boasts a diverse demographic profile characterized by a mix of young professionals, families, and retirees. The town offers a tranquil suburban lifestyle with access to urban amenities. The population consists of a blend of cultures, making it a welcoming and inclusive community for residents of all backgrounds. The housing market in Rosamond is dynamic, with a range of affordable options for homebuyers. The area has seen steady appreciation in property values, making it an attractive location for real estate investments. Bridge loans can help individuals take advantage of these opportunities by providing flexible financing solutions to bridge the gap between property transactions. In addition to its real estate appeal, Rosamond offers a variety of main attractions for residents and visitors alike. The town is known for its scenic parks, outdoor recreational activities, and proximity to popular attractions like the Willow Springs International Raceway. Residents can enjoy a high quality of life in Rosamond, surrounded by natural beauty and cultural offerings.
Benefits of Bridge Loans in Rosamond, California
