Get Approved at The Lowest Rate
Navigating the process of buying a new home in San Marino, 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 Marino, CA or getting it ready for the market.
Identify the new home you want to buy in San Marino, 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 Marino, 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 Marino, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in San Marino, 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 Marino, 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 Marino, 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 Marino, 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 Marino, 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 provide convenient short-term financing solutions for homeowners transitioning between the sale of one home and the purchase of another in San Marino, California. They offer quick access to funds, allowing individuals to secure their new home before selling their existing property. Demographics: San Marino, California, is an affluent city known for its high standard of living and prestigious neighborhoods. With a population of around 13,000 residents, the city boasts a diverse community with a strong emphasis on education and family values. Housing Market: The housing market in San Marino is characterized by luxury homes and historic properties, with a median home value exceeding $2 million. Bridge loans are instrumental in this market, providing homeowners with flexibility and financial leverage to navigate competitive real estate transactions. Main Attractions: San Marino is home to the stunning Huntington Library, Art Museum, and Botanical Gardens, offering a serene retreat for art and nature enthusiasts. The city also features Lacy Park, a beautiful outdoor space for recreational activities, and the Old Mill, a historic landmark that showcases the city's rich heritage.
Bridge Loans in San Marino, California
