Get Approved at The Lowest Rate
Navigating the process of buying a new home in Santa Fe Springs, 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 Fe Springs, CA or getting it ready for the market.
Identify the new home you want to buy in Santa Fe Springs, 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 Fe Springs, 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 Fe Springs, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Santa Fe Springs, 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 Fe Springs, 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 Fe Springs, 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 Fe Springs, 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 Fe Springs, 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 Fe Springs, California offer a convenient short-term financing solution for homebuyers looking to purchase a new property before selling their current one. These loans provide quick access to funds, bridging the gap between the purchase and sale of a home, thereby preventing delays and ensuring a smooth transition. Demographics of Santa Fe Springs reveal a diverse community with a mix of residential areas, industrial centers, and commercial properties. The city's population comprises a blend of cultures and lifestyles, making it a vibrant and dynamic place to live and work. Residents enjoy a range of amenities and services catered to diverse needs. The housing market in Santa Fe Springs is characterized by a variety of property types, including single-family homes, townhouses, and condominiums. With a steady demand for housing, the market remains competitive yet offers opportunities for both buyers and sellers. Bridge loans can provide the flexibility needed to secure a property in this dynamic market. Santa Fe Springs boasts several main attractions, such as the Heritage Park, which showcases the city's history and culture, and the Little Lake Park, a popular recreational spot for families. Additionally, the city's proximity to Los Angeles and other major attractions in Southern California makes it an ideal location for residents and visitors alike.
Benefits of Bridge Loans in Santa Fe Springs, CA
