Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Bernardino, 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 San Bernardino, CA or getting it ready for the market.
Identify the new home you want to buy in San Bernardino, 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 San Bernardino, 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 San Bernardino, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Bernardino, 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 San Bernardino, 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 San Bernardino, 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 San Bernardino, 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 San Bernardino, 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 San Bernardino offer numerous benefits for both homebuyers and sellers. These short-term loans provide quick financing to bridge the gap between the purchase of a new home and the sale of a current one. This enables buyers to make competitive offers and secure their dream homes without having to wait for their existing property to sell. Demographically, San Bernardino is a diverse city located in the heart of the Inland Empire. With a population of over 200,000 people, it offers a vibrant, multicultural community. The city has a mix of young professionals, families, and retirees, creating a dynamic and inclusive environment. The housing market in San Bernardino is currently experiencing steady growth, making it an attractive location for real estate investment. The median home price is affordable compared to neighboring areas, making it an ideal choice for first-time homebuyers and those looking to upgrade to a larger property. San Bernardino boasts a range of attractions, including the iconic Route 66, Glen Helen Regional Park, and the historic Mission Inn. Outdoor enthusiasts can enjoy the nearby mountains for hiking and skiing, while art lovers can explore the local galleries and museums. The city offers a unique blend of history, culture, and natural beauty.
Benefits of Bridge Loans in San Bernardino, California
