Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Fernando, 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 Fernando, CA or getting it ready for the market.
Identify the new home you want to buy in San Fernando, 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 Fernando, 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 Fernando, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Fernando, 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 Fernando, 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 Fernando, 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 Fernando, 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 Fernando, 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 Fernando offer quick access to funds, allowing individuals to bridge financial gaps during the transition between buying and selling a home. The demographics of San Fernando showcase a diverse community with a mix of suburban and urban residents. The city is known for its rich cultural heritage, with a population that embraces diversity and inclusion. When it comes to the housing market in San Fernando, the city has experienced steady growth in property values over the past few years, making it an attractive location for real estate investment. Bridge loans can help individuals take advantage of these opportunities. Some main attractions in San Fernando include the famous San Fernando Mission, providing a glimpse into the city's history, as well as beautiful parks and recreational facilities that cater to residents of all ages.
Benefits of Bridge Loans in San Fernando, California
