Get Approved at The Lowest Rate
Navigating the process of buying a new home in Santa Clarita, 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 Santa Clarita, CA or getting it ready for the market.
Identify the new home you want to buy in Santa Clarita, 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 Santa Clarita, 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 Santa Clarita, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Santa Clarita, 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 Santa Clarita, 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 Santa Clarita, 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 Santa Clarita, 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 Santa Clarita, 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 Santa Clarita offer a short-term financing solution that allows homeowners to purchase a new home before selling their current one. This can be particularly beneficial in a competitive real estate market. Demographics in Santa Clarita show a diverse population with a mix of families, young professionals, and retirees. The city's median household income is above the national average, making it an attractive area for homebuyers. The housing market in Santa Clarita is robust, with steady appreciation rates and a high demand for homes. Bridge loans can provide the flexibility needed to secure a new property quickly and take advantage of market opportunities. Main attractions in Santa Clarita include Six Flags Magic Mountain, Vasquez Rocks Natural Area, and the Santa Clarita bike trails. The city offers a mix of outdoor activities, entertainment options, and cultural experiences for residents and visitors alike.
Benefits of Bridge Loans in Santa Clarita, California
