Get Approved at The Lowest Rate
Navigating the process of buying a new home in Running Springs, 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 Running Springs, CA or getting it ready for the market.
Identify the new home you want to buy in Running Springs, 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 Running Springs, 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 Running Springs, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Running Springs, 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 Running Springs, 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 Running Springs, 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 Running Springs, 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 Running Springs, 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 Running Springs, California offer a crucial financial solution for individuals looking to buy a new home before selling their existing property. These short-term loans provide immediate funds, bridging the financial gap that occurs during the transition period. Demographics in Running Springs show a diverse community with a population that values nature and outdoor activities. The town attracts families and retirees seeking a peaceful mountain lifestyle. With a mix of locals and tourists, Running Springs maintains a friendly and welcoming atmosphere. The housing market in Running Springs is dynamic, with a range of options from cozy cabins to spacious mountain estates. The area's charm and proximity to Big Bear Lake make it an attractive location for both primary residences and vacation homes. Bridge loans can help buyers secure their dream property in this competitive market. Some main attractions in Running Springs include the Rim Nordic Ski Area, a popular destination for winter sports enthusiasts, and the Keller Peak Fire Lookout, offering breathtaking panoramic views of the surrounding forests. Outdoor enthusiasts also enjoy hiking in the nearby San Bernardino National Forest.
Benefits of Bridge Loans in Running Springs, California
