Get Approved at The Lowest Rate
Navigating the process of buying a new home in Rosemead, 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 Rosemead, CA or getting it ready for the market.
Identify the new home you want to buy in Rosemead, 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 Rosemead, 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 Rosemead, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Rosemead, 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 Rosemead, 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 Rosemead, 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 Rosemead, 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 Rosemead, 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!
Benefits of Bridge Loans: Bridge loans offer a quick financing option for homebuyers in Rosemead, California, bridging the gap between buying a new home and selling an existing one. They provide flexibility, allowing buyers to secure a new property before selling the old one, often at a faster pace than traditional financing. Demographics: Rosemead boasts a diverse population with a mix of cultures, making it a vibrant and inclusive community. With a relatively young population and a growing economy, Rosemead offers a range of opportunities for residents and businesses alike. Housing Market: The housing market in Rosemead is thriving, with a mix of single-family homes and apartments catering to various income levels. The real estate market is competitive yet stable, making it an attractive option for both homebuyers and investors. Main Attractions: Rosemead is home to attractions such as the historic Mission San Gabriel Arcángel, Whittier Narrows Recreation Area, and renowned dining spots offering diverse culinary experiences. The city's proximity to Los Angeles adds to its appeal, providing easy access to urban amenities and entertainment.
Bridge Loans in Rosemead – A Lucrative Financial Solution
