Get Approved at The Lowest Rate
Navigating the process of buying a new home in Solana Beach, 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 Solana Beach, CA or getting it ready for the market.
Identify the new home you want to buy in Solana Beach, 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 Solana Beach, 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 Solana Beach, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Solana Beach, 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 Solana Beach, 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 Solana Beach, 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 Solana Beach, 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 Solana Beach, 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 quick financing, bridging the gap between the purchase of a new property and the sale of an existing one. They offer flexibility, allowing homeowners to access funds for a down payment without being contingent on the sale of their current home. Demographics: Solana Beach, California, is a charming coastal city with a population of approximately 13,000 residents. It boasts a diverse community with a mix of young professionals, families, and retirees. The median household income is above the national average, reflecting a strong local economy. Housing Market: The housing market in Solana Beach is competitive, with a median home value higher than the state average. Bridge loans can be beneficial in this market by providing buyers with the ability to make strong offers on desirable properties while they await the sale of their current homes. Main Attractions: Solana Beach offers beautiful beaches, upscale shopping, and a thriving arts scene. The Cedros Design District is a popular spot for shopping and dining, while Fletcher Cove Park provides stunning ocean views and recreational activities for residents and visitors alike.
Bridge Loans in Solana Beach, California
