Get Approved at The Lowest Rate
Navigating the process of buying a new home in Tujunga, 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 Tujunga, CA or getting it ready for the market.
Identify the new home you want to buy in Tujunga, 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 Tujunga, 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 Tujunga, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tujunga, 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 Tujunga, 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 Tujunga, 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 Tujunga, 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 Tujunga, 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 provide a flexible financing option for homeowners in Tujunga, California, allowing them to bridge the gap between the purchase of a new home and the sale of their existing one. This type of loan offers quick access to funds, enabling seamless transitions without the need to wait for the sale of the current property. Tujunga, California, is a diverse community with a population that includes families, professionals, and retirees. The area boasts a mix of residential neighborhoods and commercial districts, providing residents with access to essential amenities, schools, and recreational facilities. The housing market in Tujunga offers a range of options for homebuyers, from cozy single-family homes to spacious condos and townhouses. The real estate market is characterized by steady growth, making it an attractive location for investors and homeowners looking to capitalize on property appreciation. Some of the main attractions in Tujunga include the beautiful Verdugo Mountains, perfect for hiking and enjoying the scenic views, as well as nearby attractions such as Sunland Park, which offers recreational activities for residents of all ages.
Benefits of Bridge Loans in Tujunga, California
