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Navigating the process of buying a new home in Sunland, 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 Sunland, CA or getting it ready for the market.
Identify the new home you want to buy in Sunland, 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 Sunland, 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 Sunland, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Sunland, 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 Sunland, 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 Sunland, 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 Sunland, 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 Sunland, 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 in Sunland, California provide a valuable solution for homeowners who need immediate capital for a new home purchase before selling their current property. These loans offer quick access to funds, flexibility in repayment terms, and can help avoid the stress of owning two properties simultaneously. Demographics: Sunland, California, has a diverse population consisting of families, professionals, and retirees. The median household income is above the national average, and the majority of residents are homeowners. The community is known for its strong sense of community and active local organizations. Housing Market: The housing market in Sunland, California, is competitive with a mix of single-family homes, townhouses, and condos. The median home price is steadily increasing, making it an attractive investment opportunity. Bridge loans can provide buyers with the necessary funds to secure their dream home in this vibrant market. Main Attractions: Sunland, California, offers a variety of attractions, including the beautiful Sunland Park, hiking trails in the Angeles National Forest, and the historic McGroarty Arts Center. Residents can enjoy a mix of outdoor adventures, cultural experiences, and dining options in this picturesque community.
Bridge Loans in Sunland, California