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Navigating the process of buying a new home in Stevenson Ranch, 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 Stevenson Ranch, CA or getting it ready for the market.
Identify the new home you want to buy in Stevenson Ranch, 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 Stevenson Ranch, 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 Stevenson Ranch, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Stevenson Ranch, 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 Stevenson Ranch, 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 Stevenson Ranch, 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 Stevenson Ranch, 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 Stevenson Ranch, 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 offer Stevenson Ranch residents a flexible financing option when purchasing a new home before selling their existing one. This type of loan provides quick access to funds, bridging the gap between the sale of the current home and the purchase of a new property, allowing for a smoother transition. Stevenson Ranch, located in Los Angeles County, boasts a diverse population with a mix of young professionals and families. The area's median household income is above the national average, making it an attractive option for homebuyers seeking a prosperous community with great schools and amenities. The housing market in Stevenson Ranch is competitive, with a range of housing options from single-family homes to luxury estates. The market trends show a steady increase in property values, making it a lucrative investment for buyers. Bridge loans provide an advantage in this market by offering buyers the ability to make strong cash offers, increasing their chances of securing their dream home. Some of the main attractions in Stevenson Ranch include the picturesque Pico Canyon Park, perfect for outdoor activities and family gatherings. Additionally, the Valencia Town Center nearby offers shopping, dining, and entertainment options for residents to enjoy.
Benefits of Bridge Loans in Stevenson Ranch, California
