Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Gabriel, 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 Gabriel, CA or getting it ready for the market.
Identify the new home you want to buy in San Gabriel, 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 Gabriel, 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 Gabriel, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Gabriel, 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 Gabriel, 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 Gabriel, 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 Gabriel, 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 Gabriel, 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 borrowers short-term financing for immediate needs. They provide quick access to funds, enabling buyers to bridge the gap between the purchase of a new property and the sale of an existing one. This helps avoid missed opportunities and allows for smoother transactions. Demographics: San Gabriel, California, is a diverse city with a population that includes a mix of Asian American, Hispanic, and White residents. It has a strong sense of community and offers a range of cultural experiences, making it an attractive place to live. Housing Market: San Gabriel's housing market is competitive, with a mix of single-family homes, townhouses, and condominiums. The median home price is above the national average, reflecting the city's desirable location and amenities. Main Attractions: San Gabriel boasts attractions like the Mission San Gabriel Arcángel, a historic site that dates back to the 18th century. The city also offers a variety of dining options, shopping centers, and recreational facilities for residents and visitors to enjoy.
Bridge Loans in San Gabriel, California
