Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Diego, 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 Diego, CA or getting it ready for the market.
Identify the new home you want to buy in San Diego, 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 Diego, 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 Diego, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Diego, 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 Diego, 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 Diego, 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 Diego, 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 Diego, 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 Diego offer a quick financing solution for homebuyers looking to purchase a new home before selling their existing one. These short-term loans provide the flexibility to secure a new property without the stress of waiting for the sale of the current home. Demographics: San Diego boasts a diverse population with a mix of cultures and backgrounds. The city is known for its large military presence, universities, and research institutions, creating a vibrant and dynamic community. Housing Market: San Diego's housing market is competitive, with a mix of urban and suburban neighborhoods. The median home price is higher than the national average, making bridge loans an attractive option for buyers looking to make a move without delays. Main Attractions: San Diego is renowned for its beautiful beaches, world-class dining, and family-friendly attractions like the San Diego Zoo and Balboa Park. The city's sunny weather and outdoor lifestyle make it a desirable place to live and visit.
Benefits of Bridge Loans in San Diego, California
