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Navigating the process of buying a new home in Stanton, 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 Stanton, CA or getting it ready for the market.
Identify the new home you want to buy in Stanton, 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 Stanton, 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 Stanton, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Stanton, 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 Stanton, 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 Stanton, 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 Stanton, 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 Stanton, 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 Stanton, California offer numerous advantages for homebuyers and investors. These short-term loans provide quick funding for purchasing a new property before selling an existing one, helping to bridge the financial gap. They are valuable for avoiding contingent offers, allowing for faster transactions, and providing flexibility in the competitive real estate market. Demographics: Stanton, California has a diverse population with a mix of cultural backgrounds. The city is known for its family-friendly neighborhoods, offering a suburban feel with many young professionals and families residing there. The community is vibrant and inclusive, with various amenities and services catering to residents of all ages. Housing Market: The housing market in Stanton, California is robust, with a range of property types available, including single-family homes, townhouses, and condominiums. The market is competitive, with properties often selling quickly due to high demand. Bridge loans can provide an edge in this fast-paced market, giving buyers the ability to secure financing promptly. Main Attractions: Stanton boasts several attractions, such as Adventure City, a family theme park, and the Stanton Central Park, offering recreational activities and events year-round. The city is also in proximity to popular destinations like Disneyland and Knott's Berry Farm, making it an ideal location for entertainment and leisure.
Benefits of Bridge Loans in Stanton, California